Bitcoin sees $630 million outflow as crypto ETP trading volume hits new low amid market’s ‘true correction’

Oluwapelumi Adejumo

The crypto market is undergoing a significant correction as investors withdrew $584 million from crypto-related investment products last week, according to CoinShares’ latest report. Additionally, global trading volumes for crypto ETPs hit their lowest levels since the US Securities and Exchange Commission approved the launch of several spot Bitcoin exchange-traded funds (ETFs) in January, totaling […]

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Bitcoin sees $630 million outflow as crypto ETP trading volume hits new low amid market’s ‘true correction’