The outflow from crypto investment products from March 16 to 22 reached $942 million after the maximum historical inflow of $2.92 billion. CoinShares experts note that previously, positive dynamics were observed for seven weeks. During this period, inflows into instruments amounted to $12.3 billion. Trade turnover amounted to $28 billion after a record $43 billion the previous week. Source: CoinShares The main driver of the negative dynamics was outflows from GBTC from Grayscale for $2 billion. They exceeded net inflows to its competitors ($1.1 billion). As a result, market participants…
Crypto products see record outflow of $942m, breaking 7 week influx trend
