Crypto Funds Bleed $173M As Outflows Extend To Fourth Week – Report

Crypto exchange-traded products (ETPs) have extended their negative streak to a fourth consecutive week after US market weakness pushed global funds to over $170 million in weekly outflows.

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Crypto Funds Outflows Extend Amid US Weakness

According to the latest CoinShares data, crypto-based investment products recorded their fourth week of outflows amid the negative market sentiment of the past month.

In a Monday report, James Butterfill, head of research at CoinShares, shared that…