Crypto Products Experience $415 Million Capital Outflow
- Capital outflows from cryptocurrency investment products totaled $415.3 million between February 10 and 14.
- This marks the first significant outflow in six weeks, ending a five-week positive trend.
- The United States recorded the largest outflow, amounting to $464 million.
- Germany, Switzerland, and Canada saw capital inflows of $21 million, $12.5 million, and $10.2 million respectively.
- Spot Bitcoin ETFs experienced a net capital outflow of $651.83 million; Ethereum ETFs lost $26.26 million.
The recent capital outflows from crypto products reached $415.3 million, with the United States experiencing the most significant movement at $464 million.
Source (2.6)https://hodl.press/crypto-products-see-415m-capital-outflow-after-six-weeks/?rand=24434