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Crypto Funds See $305M Outflows, Institutions Bearish On BTC, ETH?

source-logo  coingape.com 03 September 2024 02:00, UTC

Crypto funds witnessed substantial outflows, amounting to approximately $305 million over the past week. This decline is primarily due to negative investor sentiment across various cryptocurrencies, with Bitcoin (BTC) and Ethereum (ETH) experiencing the most outflows.

coingape.com