Bitcoin Falls 2.3% to $68,674 as Crypto Funds See Large Outflows

Bitcoin Falls 2.3% to $68,674 as Crypto Funds See Large Outflows

Quick Read Bitcoin dropped 2.3% across the past week as of Monday morning. That drop is higher than broad stock indexes like the S&P 500 and the Nasdaq. Coinbase CEO said on the company’s conference call this week that retail users “displayed diamond hands” by steadily purchasing Bitcoin during dips. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins. Bitcoin traded for $68,674.29 o…

Crypto Funds See $3.74B Monthly Outflows Amid Market Crash

CoinShares report revealed $173 million in outflows in crypto funds over the past week. Bitcoin and Ethereum led the outflows, while XRP brought significant funds to the market. This $3.74 million monthly outflow is mainly due to the crypto market crash and the macroeconomic uncertainty. Crypto investment products saw another week of withdrawals, marking the fourth consecutive week of outflows. Investors pulled $173 million from crypto funds, br…

Crypto funds log fourth week of outflows at $173M as BTC dips below $70K

Crypto funds saw $173 million outflows last week as Bitcoin and Ether slipped, while XRP and Solana bucked the trend across global markets.

Crypto Funds See $173M Outflows As Altcoins Gain Momentum

Crypto ETPs clocked $173 million in outflows last week, marking four consecutive weeks of losses as Bitcoin traded below $70,000, while altcoin funds like XRP and Solana bucked the trend.

Crypto funds bleed for fourth straight week as US investors pull back

Crypto funds recorded a fourth consecutive week of outflows, with $173 million withdrawn, according to CoinShares’ latest weekly fund flows report. The latest decline brings total outflows over the past four weeks to $3.74 billion, underscoring persistent investor caution amid…