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cryptonews
2022-06-27 13:04:00

Bitcoin Funds See Largest Outflows on Record ‘By a Wide Margin’ – CoinShares

Bitcoin Funds See Largest Outflows on Record ‘By a Wide Margin’ – CoinShares

Bitcoin (BTC) and crypto-backed investment funds saw outflows of USD 423m last week, marking the largest weekly outflows on record “by a wide margin,” data from the digital asset investment firm CoinShares shows. Per the latest update from CoinShares, the large outflows were solely focused on BTC funds, with USD 453m in capital leaving these funds. Funds backed by other digital assets such as ethereum (ETH) and cardano (ADA) saw inflows for the week....Read More: Bitcoin Funds See Largest Outflows on Record ‘By a Wide Margin’ – CoinShares

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