Institutional Crypto Products See $1,700,000,000 in Outflows Amid Worst Streak Since 2015: CoinShares

Institutional Crypto Products See $1,700,000,000 in Outflows Amid Worst Streak Since 2015: CoinShares

Crypto asset management giant CoinShares says institutional investors pulled billions of dollars out of crypto last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products are enduring their worst run of investor outflows in a decade. “Digital asset investment products saw a 5th consecutive week of outflows, totaling US$1.7bn, bringing … Read more

‘Unprecedented’ Post-Election Streak for Crypto Products Ends As Institutions Dump $415,000,000: CoinShares

‘Unprecedented’ Post-Election Streak for Crypto Products Ends As Institutions Dump $415,000,000: CoinShares

International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows. “Digital asset investment products saw their first significant outflows, totaling $415m, following an unprecedented 19-week … Read more