Institutional Investors Didn't Sell Their Crypto Holdings Despite Market-Wide Selloff

Despite a massive market-wide selloff last week, digital asset investment products saw minor outflows of $9 million last week. According to CoinShares’ Digital Asset Fund Flows, Bitcoin (BTC) saw a third consecutive week of outflows totaling $15 million, while Ethereum (ETH) reported inflows of $3 million last week.