Crypto Funds See $1.17B in Outflows as Market Volatility and Rate Uncertainty Persist

Institutional appetite for crypto assets weakened again last week as digital asset investment products recorded $1.17 billion in outflows, marking a second consecutive week of losses amid renewed market volatility and macroeconomic uncertainty. Key Takeaways: Crypto investment products saw $1.17 billion in outflows, marking a second straight week of institutional withdrawals. Bitcoin and Ethereum ETFs led the redemptions, with $1.22 billion and $508 million in outflows respectively. Despite heavy ins ...