Crypto Fund Outflows Surpass $3 Billion Since October


Crypto Fund Outflows Surpass $3 Billion Since October

Crypto investment products saw $446 million outflows in late December.

Between December 19 and 27, cryptocurrency investment products experienced outflows totaling $446 million, according to a report by CoinShares.

Weekly inflow dynamics into crypto funds. Source: CoinShares.Weekly inflow dynamics into crypto funds. Source: CoinShares.
Weekly inflow dynamics into crypto funds. Source: CoinShares.

Since the market downturn on October 10, investors have withdrawn a total of $3.2 billion from funds. Analysts noted that sentiment among segment participants has yet to recover.

Year-to-date net inflows reached $46.3 billion,…

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