Crypto Fund Outflows Surpass $1 Billion for Second Consecutive Week
$1.17 billion withdrawn from digital assets; second week of outflows.
Between October 31 and November 8, $1.17 billion was withdrawn from digital asset investment products. This marks the second consecutive week of capital outflow, according to a report by CoinShares.
The main reasons are market volatility following a cascade of liquidations and uncertainty regarding interest rate cuts in the United States.
The largest withdrawals were from…
