Crypto Funds Experience Record Net Outflows Amidst Seven-Week Inflow Streak

Monday, 25 March 2024, 12:38

Last week, global crypto funds saw a significant shift with a record net outflow of nearly $1 billion, marking a stark contrast to the previous seven weeks of inflows amounting to $12.3 billion. This unexpected turn in the crypto market signals a potential shift in investor sentiment and market dynamics.
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Crypto Funds Experience Record Net Outflows Amidst Seven-Week Inflow Streak

Crypto Market Outflows

This week, global crypto funds experienced a major shift with record net outflows totaling almost $1 billion, an unexpected development after seven consecutive weeks of inflows.

Market Dynamics

  • This represents the first weekly net outflows crypto funds have witnessed following a seven-week streak of inflows totaling $12.3 billion.

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.


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