Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

By CryptoNews - 1 year ago - Reading Time: 1 minutes

Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

Digital asset investment funds saw $32 million in net outflows last week amid a flurry of aggressive regulatory actions from U.S. authorities.
According to a recent report by CoinShares, the $32 million in outflows marks the largest withdrawal from crypto funds since late December 2022. 
It is worth noting that the outflows reached a record $62 million mid-week. However, more inflows came as sentiment improved by the end of the week and crypto prices resumed their uptrend. ...
Read More: Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

Original source: CryptoNews