Crypto investment products see outflows for second consecutive week — CoinShares
Bitcoin funds led outflows among crypto investments over the past week, with $192 million exiting the market ahead of the halving event.
Investments in digital asset funds have declined for the second consecutive week, with $206 million in withdrawals between April 15-19, according to data from digital asset investment firm CoinShares.
Bitcoin (BTC) funds led outflows over the past week, with $192 million exiting the market ahead of the halving event. Ether (ETH) investment products also experienced outflows of $34 million, marking their sixth consecutive week of negative flow.
Investment in blockchain equities has also been declining, with the sector recording its 11th consecutive week of outflows, totaling $9 million.
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Author: Ana Paula Pereira
