U.S. Crypto Funds Lose $403M Amid Price Weakness: CoinShares
U.S. crypto funds recorded $403 million in outflows, while Europe and Canada posted $230 million in inflows, according to CoinShares' latest report. Global crypto investment products experienced $173 million in outflows, marking the fourth consecutive week of withdrawals totaling $3.74 billion. Bitcoin products led U.S. exits with $133.3 million, while Ethereum funds lost $85.1 million. XRP and Solana funds attracted $33.4 million and $31 million, respectively. Bitcoin traded at $69,000, down 2% in 24 hours, with altcoins showing modest gains.
EditorJack Lee