Bitcoin (BTC) Funds Continue Despite Hong Kong Setbacks: Interest in Altcoins Also Declines!

Bitcoin (BTC) Funds Continue Despite Hong Kong Setbacks: Interest in Altcoins Also Declines!

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  • Bitcoin (BTC) continues to recover after correction, while institutional crypto funds saw another outflow last week.
  • According to data shared by Coinshares, institutional crypto funds, which saw an outflow of $435 million two weeks ago, saw another outflow of $251 million last week.
  • Interest in other ETF issuers also significantly decreased last week, with a total of $277 million outflow from Grayscale funds.

Bitcoin (BTC) recovers after correction as institutional crypto funds see another outflow. The interest in other ETF issuers also decreased significantly.

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