The majority of outflows were from “short” investment products, or those betting on price declines, according to CoinShares. It might be a sign that bearish sentiment is dissipating.
Source
Related posts
-
Crypto Voters Are the Key to Victory in 2024
Stand With Crypto, our advocacy group, held a successful tour through five swing states — AZ,... -
Pakistan proposes new crypto framework to central bank rules
The State Bank of Pakistan has proposed a legal framework to recognize digital assets, including cryptocurrency,... -
The ‘Trump Trade’ Crypto Narrative is Overblown
Recent rises in bitcoin prices have led some to believe that Trump, should he win, will...