Record $1.68 Billion Outflow from Crypto Investment Products
- Capital outflows from crypto investment products reached a record $1.68 billion.
- Bitcoin-based products saw the largest outflow, with $978 million withdrawn in one week.
- Total outflows over five weeks amounted to $6.4 billion.
- The U.S. and Switzerland led the country-specific outflows, with $1.16 billion and $527.7 million, respectively.
- Ethereum products faced significant outflows of $176 million.
In recent weeks, crypto investment products experienced a record-breaking capital flight of $1.68 billion, with Bitcoin-based funds alone seeing withdrawals of $978 million in just one week.
Source (2.6)https://hodl.press/crypto-products-see-record-1-7-billion-fund-outflow/?rand=24434
