BTCUSD

topped the list in negative

flows last week as digital asset investment products saw outflows totaling $528 million.

The turnout preceded the ongoing crypto market crash, with BTC still on the frontline.

Crypto markets continue to bleed, starting the week off badly. Nevertheless, the crash may provide an opportunity for willing investors to buy the dip.

Bitcoin Saw $400 Million Outflows Last Week

With total crypto investments outflows reaching $528 million, Bitcoin led the negative flows with $400 million. Ethereum followed with $146 million in outflows, bringing the net outflows since the ETH ETFs (exchange-traded funds) launch in the US to $430 million. Solana recorded $2.8 million in negative flows.

For Bitcoin, it marked the first outflow after five weeks of positive flows. CoinShares researchers ascribe it to market fears, citing concerns of a recession in the US, geopolitical turmoil, and

"consequent broader market liquidations across most asset classes."$BTC $ETH $BNB #BTCMarketPanic #RecessionOrDip? #MarketDownturn #Babylon_Mainnet_Launch #BinanceHODLerBANANA