Global Crypto Investment Products Witness $1B Weekly Outflow
Tuesday, 7 May 2024, 13:00
Global Crypto Investment Products Outflow
The global crypto investment products have witnessed a four-week net outflow streak, surpassing $1 billion in total. Another $251 million exited the funds last week, highlighting a continued negative trend.
Reasons for the Outflow
- Market Volatility: The fluctuating prices of cryptocurrencies may be causing investors to withdraw their funds.
- Regulatory Uncertainties: Concerns over government regulations could be impacting investor sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.