Global ESG funds were the darling of institutional investing back in 2021, pulling in a massive $645 billion in that year alone. Fast forward to 2025, and the narrative has completely flipped. The latest numbers show a record $11.8 billion withdrew from ESG funds—a dramatic reversal that caught many off guard. This shift reflects how quickly sentiment can swing in traditional finance markets. For crypto investors watching macro trends, this kind of capital reallocation is worth monitoring, as institutional money flows across different asset classes often signal broader economic positioning changes.