Crypto Products See Second-Largest Weekly Outflows in 2024: CoinShares

Crypto Products See Second-Largest Weekly Outflows in 2024: CoinShares

Crypto investment products faced the second-largest weekly outflows of 2024, totaling over $725 million, according to data from CoinShares. This marks the largest outflow since March, as the crypto market grapples with declining prices and heightened investor uncertainty. In a report published on September 9, James Butterfill, head of research at CoinShares, attributed the outflows to stronger-than-expected macroeconomic data, which fueled sp...

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