Short-Bitcoin Funds Saw $23M in Net Outflows Last Week
Digital asset investment products recorded a third consecutive week of net outflows.
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
BTC$62,618.00-0.25%
ETH$1,784.25+0.38%
USDT$0.9988-0.04%
USDC$0.9999+0.01%
XRP$1.07-0.61%
SOL$75.19-1.62%
TRX$0.3249-1.59%
FIGR_HELOC$1.03+1.91%
HYPE$63.74-2.41%
DOGE$0.0723+0.10%
USDS$0.99970.00%
RAIN$0.0143-0.35%
LEO$9.54+0.05%
ZEC$507.59-1.85%
WBT$54.95-0.04%
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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