Weekly Cash Out in Crypto Funds Breaks Record!

digital asset investment company CoinShares The outflow of crypto funds continued for the fifth week in a row, according to the report.

According to statistics, in the last 7 days from digital asset funds $255 million output has occurred. This figure made history as the largest of all time, with 1% of total investments.

The asset managed by crypto funds, on the other hand, fell 10% in a week, affected by the market drop. According to the CoinShares report, the funds hold $26 billion in assets.

According to the investment manager’s cryptocurrency-based report, the biggest blow came from Bitcoin. $243 million worth of funds BTC While it was released, it ranked second with 11 million dollars. Ethereum took. Litecoin, Tron And in Solana minimal change occurred.

Except for the Grayscale data, which is not clear on the basis of mutual funds, the decrease in the crypto fund called 3iQ drew attention. $219 million was allocated from the said fund in just one week.

Finally, the CoinShares report includes digital asset exchanges by country. While the fund inflows took place only in Brazil and the USA, the outflow of 229 and 24 million dollars from Canada and Germany, respectively, draws attention.

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