Capital continued to flow out of crypto-backed investment funds last week, with total outflows for the past nine weeks now nearing $500 million.
According to crypto research and investment firm CoinShares’ latest crypto fund flows report, outflows for last week alone came in at $54 million, a slight improvement from outflows of $59 million the week before, but a worsening from $11.2 million in outflows two weeks ago….
Read More: Crypto Investment Products See Continuous Outflows, Nearing $500 Million in Nine Weeks