Cryptoasset investment funds have suffered a broad market outflow, led by the US market.

According to CoinShares data, there was a significant net outflow of $500 million from crypto asset investment products in last week's transactions. While the USA ranked first with net outflows reaching 409 million dollars, outflows from the Swiss and German markets amounted to 60 million dollars and 32 million dollars, respectively.

Following the authorization of spot Bitcoin ETFs, there was a negative outlook in the ETF market in the week when outflows from GBTC, the ETF product of the US-based asset management company Grayscale, reached 5 billion dollars. As of last week, another 2.2 billion dollars were redeemed from GBTC, but the fact that the outflow amounts decreased on a daily basis was partially welcomed by the markets. #Write2Earn #btctoday