Short-Bitcoin Funds Saw $23M in Net Outflows Last Week
Digital asset investment products recorded a third consecutive week of net outflows.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Crypto-related investment funds recorded $55 million in outflows last week amid the latest broader market downturn.
Digital asset investment products recorded a third consecutive week of net outflows.
Bitcoin investment products accounted for more than 60% of outflows last week.
Most of the outflows last week came from Bitcoin-related funds, totaling $53 million.
Digital asset investment products register first week of outflows after three weeks.
Digital asset funds saw $76m in inflows over last week, 90% of which came from Bitcoin-related investment products.
Digital asset investment products saw $23M in outflows last week as FTX debacle impact persists.
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Bitcoin saw inflows totaling $17 million last week while Ethereum saw negative flows of around $15 million.
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