Global crypto investment products at asset managers such as Ark Invest, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered a fourth-consecutive week of net outflows — totaling $251 million last week — according to CoinShares' latest report.
Switzerland, Canada and Germany-based funds also contributed to last week’s net outflows, losing $9.8 million, $9.6 million and $7.3 million, respectively.The U.S. spot bitcoin ETFs had one of their worst weeks since launching in January, with $433 million in total net outflows last week punctuated by their largest-ever daily net outflows of $563.7 million on Wednesday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: