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Published 17 days ago

Bitcoin and Ethereum Lead Three Weeks of Crypto Investment Outflows, What’s Next?

Summary by Coingape
As per the latest Coinshares report, cryptocurrency investment products registered three consecutive weeks of outflows last week, totaling $435 million. This makes it one of the last weekly outflows since March last month. Strong outflows from US spot Bitcoin ETFs were the major contributor to this. Bitcoin ETF Inflows Drying Up Considerably Last week, the Bitcoin price faced significant selling pressure correcting over 6%. At the same time, tra…

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Bitcoin and Ethereum Lead Three Weeks of Crypto Investment Outflows, What’s Next?

As per the latest Coinshares report, cryptocurrency investment products registered three consecutive weeks of outflows last week, totaling $435 million. This makes it one of the last weekly outflows since March last month. Strong outflows from US spot Bitcoin ETFs were the major contributor to this. Bitcoin ETF Inflows Drying Up Considerably Last week, the Bitcoin price faced significant selling pressure correcting over 6%. At the same time, tra…

17 days ago
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