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cryptonews
2023-04-25 15:29:00

Latest CoinShares Report: Crypto Investment Funds See First Outflows in Over a Month – What's Going On?

Latest CoinShares Report: Crypto Investment Funds See First Outflows in Over a Month – What's Going On?

Crypto-backed investment funds saw outflows for the first time in 6 weeks last week as investors chose to take some chips off the table after seeing bitcoin (BTC) prices north of the $30,000 mark. In total, $30.4 million were withdrawn on a net basis for the week from the crypto-backed investment funds that are tracked by CoinShares, according to the firm’s latest fund flows report.... Read More: Latest CoinShares Report: Crypto Investment Funds See First Outflows in Over a Month – What's Going On?

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