21Shares launched the Anthropic synthetic ETP (CLAU), Europe’s first product offering continuous, unleveraged exposure to Anthropic’s implied valuation ahead of its IPO. The tokenized ETP market cap dropped 6.2% in 24 hours to $595 million, with trading volume falling to $160 million. In October, Bitcoin ETF outflows exceeded $1.45 billion, while Ethereum ETFs recorded three consecutive weeks of outflows totaling $542 million. Only CoinShares Bitcoin ETP showed resilience, reaching $1.7 billion in assets under management. The persistent outflows across ETFs and ETPs suggest that investors have significantly reduced their exposure to digital assets.
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