Cryptocurrencies
Crypto Investment Products Saw Outflows for a Third Consecutive Week
- There were $435 million outflows in week through April 26
- Inflows year-to-date remain at a record $13.6 billion
This article is for subscribers only.
Interest in digital assets continues to wane, with crypto investment products seeing outflows for a third consecutive week.
Investors pulled $435 million from digital products in the week ended April 26, according to a report Monday from CoinShares Ltd. The Grayscale Bitcoin Trust accounted for much of that with $440 million in outflows, though that was lowest level for the largest crypto fund in nine weeks.