Crypto ETP outflows hit $528M amid recession fears and market turbulence

Oluwapelumi Adejumo

Crypto-related investment products experienced outflows of $528 million, ending a four-week streak of inflows, according to CoinShares’ latest weekly report. James Butterfill, the head of research at CoinShares, explained that the outflows were triggered by concerns about a potential US recession, geopolitical issues, and a broader market liquidation impacting significant cryptocurrencies. Meanwhile, the firm noted […]

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Crypto ETP outflows hit $528M amid recession fears and market turbulence