Crypto Funds See $528M Weekly Outflows Amid Market Headwinds
full version at dailycoin
Crypto funds fell out of favor with investors last week. The funds hemorrhaged hundreds of millions. Various factors influenced the outflows, including fears of a recession in the U.S. Global digital asset investment products logged their first outflows in a month, highlighting the sudden shift in investor confidence amid market headwinds. Investors pulled hundreds of millions from various crypto products in the week of July 28 to August 3, with CoinShares attributing the reverse trend to fears of a looming recession in the U.S., geopolitical tensions, and the broader market liquidation across most asset classes. Crypto Fund Flows in
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