While Bitcoin (BTC) was inactive, there was a net outflow of $59 million from institutional cryptocurrency funds last week.
In the data shared on Coinshares’ official blog page, institutional cryptocurrency funds 59 million dollar It was stated that there was a net output. Bitcoin hit hard in the middle of last month 25 thousand dollars from falling below the level of Fund outflows since week 4 reached out and in total 294 million net outflow was seen.
While Bitcoin is once again the leading role of cryptocurrency funds, $69 million reached the top with its debut. Last week in Ethereum 4.8 million dollar fund was released.
On the other hand, in the short Bitcoin fund, which has been out of funds for a long time, $15.2 million entry seen. In blockchain stocks in 5 weeks happened $10.8 million While the negative atmosphere continues with the exit, unlike the negative atmosphere in Ripple (XRP). 700 thousand dollars value of money was received.
On the other hand, country-based exits Germany again pulled. Germany $20 million While it is the country with the highest outflow of money, it ranks second 17.6 million with dollars Canada took the third place with the USA with 12.3 million dollars.
