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Investor concerns over Bitcoin halving impacts the 11th consecutive week of outflows from blockchain equities. With a mining reward slash to 3.125 BTC, profitability worries are rising, leading to $9 million in withdrawals from blockchain equities.&nbsp; 
This trend underscores fears of reduced revenue and financial strains for mining operations, potentially affecting stock values. 
Digital asset investments faced their second week of outflows, totaling $206 million, as interest in ETPs and ETFs. CoinShares <a href="https://blog.coinshares.com/volume-179-digital-asset-fund-flows-weekly-report-84f3312ba409" target="_blank" rel="noopener" data-wpel-link="external">data </a>shows that trading volumes are dropping, indicating investors are less interested because they expect the Federal Reserve to keep interest rates high for a long time.&nbsp; 
Bitcoin <a href="https://etp.coinshares.com/knowledge/market-activity/fund-flows-22-04-24" target="_blank" rel="noopener" data-wpel-link="external">outflows </a>reached $192 million, though short-selling activity remained subdued. Ethereum products also suffered outflows, marking six consecutive weeks of decline. 
Multi-asset investments attracted $9 million in weekly inflows, while Litecoin and Chainlink garnered $3.2 million and $1.7 million, respectively. However, negative sentiment hit US ETFs, with outflows reaching $244 million, concentrated in required ETFs.&nbsp; 
Canada and Switzerland saw notable inflows of $30 million and $8 million, respectively, while Germany recorded minor outflows of $8 million. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <a href="https://www.cryptotimes.io/2024/04/23/bitcoin-bull-run-predicted-110000-by-august/" data-wpel-link="internal">Also read: </a><a href="https://www.cryptotimes.io/2024/04/23/bitcoin-bull-run-predicted-110000-by-august/">Bitcoin Bull Run Predicted: $110,000 by August?</a> 
</blockquote>

Bitcoin Halving Impact: $206M Outflows from Blockchain Stock

The Crypto Times

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