Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares

Crypto Weekly Outflows Touches $17m, Ending Six Consecutive Weeks Inflow: CoinShares

Market Analysis
August 19, 2022 by secret
228
[ad_1] Outflows from crypto investment products reached $17 million in the week ended Aug. 12, according to digital asset management firm Coinshares, ending a six-week run of inflows for the cryptocurrency industry. Bitcoin (BTC) accounted for the lion’s share of these outflows with $21 million, driving a 2-week streak of outflows throughout August. However, falling