🚀 Crypto Rollercoaster: Investment Products See $147M Outflows!
- After a wild ride of nearly $2B in inflows over three weeks, crypto investment products hit a bump with $147M in outflows last week, says CoinShares.
- Blame it on unexpected economic data, which squashed hopes for juicy rate cuts. 📉
- Bitcoin (BTC) took the biggest hit, with $159M outflows, while Ether (ETH) followed suit with $28.9M.
- Bright spot? Multi-asset products saw $29M inflows, continuing their 16-week winning streak and proving diversification is still in vogue!
Stay tuned for more updates!