Home BlockchainCrypto Funds See $173M Outflows As Altcoins Gain Momentum

Crypto Funds See $173M Outflows As Altcoins Gain Momentum

by CoinTelegraph
0 comments

Crypto investment products failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows.

Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday.

Although the last two weeks brought relatively minor losses, total outflows over the past four weeks now amount to about $3.8 billion, while total assets under management (AUM) stand at about…

https://cointelegraph.com/news/crypto-etf-4-week-outflows-173-million-btc-below-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

You may also like

Leave a Comment