Digital asset investment products saw outflows totaling $600 million
2024-06-18 02:44:01
Digital asset investment products saw a massive outflow totaling $600 million, the largest withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, the outflow was due to the hawkish stance of the FOMC, which led investors to reduce their exposure to fixed-supply assets such as Bitcoin.
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