Capital outflow from crypto funds persist for the second week

22.03.2022 15:41
by Artem Ustinov
1 min read

The analytical company CoinShares published a report according to which the outflow of funds from crypto funds has slowed down, but has not stopped. The outflow of investments has decreased by halved from $110 million to $47 million in a week.

The authors of the research are sure that the outflow of funds is associated with the tightening of the policy of regulators in the United States. Crypto funds based on Bitcoin lost $32.8 million. $16.6 million was withdrawn from Ethereum-based products.

The amount in investments on the products based on a basket of cryptocurrencies rose to $3.85 billion. In 2022, this investment option is very popular.

Author

  • Crypto analyst and practitioner trader with the law and managerial education. Active investor and crypto enthusiast. Worked as an analyst and copywriter in a brokerage company. Accompanied by DAO and NFT projects of different levels of complexity.

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