CoinShares: Crypto-Based Investment Products Witness Record-Breaking Outflow - Aliens: AI Crypto News & Markets Updates
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CoinShares: Crypto-Based Investment Products Witness Record-Breaking Outflow

PublisherPublisher
U.Today

Mon, May 23, 2022

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Investors in digital asset funds are bearish on Bitcoin (BTC): as per Coinshares, some of them rebalanced their portfolios in favor of major altcoins.

As per CoinShares' Digital Asset Fund Flows Weekly Report 81 , cryptocurrency-based integral investment products (ETFs) are witnessing massive outflows of capital.

Written by — CoinShares 👩🚀 (@CoinSharesCo) @jbutterfill , the headline for this week is: Outflows of US$141m, investors seek refuge in multi-crypto investment products Here are the highlights -> May 23, 2022 In the last seven days, net withdrawals exceeded $141 million.

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