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cryptonews

2023-02-20 16:33:00

Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

Digital asset investment funds saw $32 million in net outflows last week amid a flurry of aggressive regulatory actions from U.S. authorities. According to a recent report by CoinShares, the $32 million in outflows marks the largest withdrawal from crypto funds since late December 2022. It is worth noting that the outflows reached a record $62 million mid-week. However, more inflows came as sentiment improved by the end of the week and crypto prices resumed their uptrend. ... Read More: Digital Asset Funds See $32M Outflows Amid U.S. Crypto Crackdown

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