---
title: Global crypto funds just recorded 3 consecutive weeks of outflows for the first time ever.
description: "Over the last 3weeks, total crypto fund outflows were $767 million. Last week alone, ~$435 million of crypto assets were removed from these funds, the most since late March.\nThe majority of the outflows were recorded in Bitcoin which saw $423 million of fund withdrawals.\nMeanwhile, Bitcoin is down 12% in April but is still up 48% year to date.\nCrypto is taking a breather.\nSource: The Kobeissi Letter, CoinShares"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Global crypto funds just recorded 3 consecutive weeks of outflows for the first time ever.](https://blog.syzgroup.com/syz-the-moment/global-crypto-funds-just-recorded-3-consecutive-weeks-of-outflows-for-the-first-time-ever)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Apr 30, 2024, 11:54:35 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/global-crypto-funds-just-recorded-3-consecutive-weeks-of-outflows-for-the-first-time-ever)

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