CoinShares Reports $414 Million Weekly Outflow From Digital Asset Investment Products

CoinShares reported that digital asset investment products recorded their first weekly net outflow in five weeks, with withdrawals led by $440 million from the United States. The report said market sentiment was pressured by concerns over the Iran conflict, rising inflation expectations, and the possibility of June FOMC rate hikes. Ether products saw the largest year-to-date outflows at $273 million, adding to broader weakness in crypto investment flows.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.