โIt is difficult to discern if this is a meaningful change in sentiment given its small size, although minor outflows were seen across a broad set of providers,โ James Butterfill, CoinShares’ investment strategist, wrote in the report. โIt also comes at a time of low trading volume and a recovery in prices, suggesting there could be an element of minor profit-taking.โ
Crypto Funds See Minor Outflows, Ending Six-Week Inflows Streak: CoinShares