Bitcoin lead largest crypto products outflows since March
- Last week, global crypto investment products saw their largest week of outflows since March, totaling $1.43 billion.
- Bitcoin products took the largest hit with $1 billion in outflows, while Ethereum products shed $440 million.
- The outflows were driven by cautious sentiment prior to Fed Chair Powell’s speech at Jackson Hole last Friday.
Crypto investment products saw their largest week of outflows since March, totaling $1.43 billion last week, led by Bitcoin (BTC) and Ethereum (ETH).
Bitcoin, Ethereum lead largest outflows since March
Global crypto investment products recorded $1.43 billion in outflows last week, the largest since March, according to James Butterfill, Head of Research at CoinShares, in a Monday…
