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Crypto Funds Experience First Outflow in Five Weeks

Crypto Funds Experience First Outflow in Five Weeks


Crypto Funds Experience First Outflow in Five Weeks

Crypto funds saw a $414M outflow, the first in over a month.

Between March 23 and 27, cryptocurrency-based investment products saw an outflow of $414 million, marking the first such occurrence in over a month, according to data from CoinShares

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Weekly inflow dynamics into crypto funds. Source: CoinShares.

Analysts note that market participants are concerned about the prolonged nature of the conflict in Iran and the risks of accelerating inflation. Expectations for the June meeting of the FOMC have…

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