$415m exits crypto funds, ending 19-week inflow run – CoinShares

Cryptocurrency funds recorded their first major outflow of $415 million last week. This has ended a 19-week streak of inflows that had accumulated $29.4 billion since the U.S. election. According to CoinShares data, this reversal happened alongside Federal Reserve Chair Jerome Powell’s congressional testimony and higher-than-expected U.S. inflation figures. Crypto funds see first major... source: https://www.cryptopolitan.com/415m-exits-crypto-funds-coinshares/