CryptoBearishThe Block · 3h ago7/10
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US-based funds drive $1.7B in global crypto ETP outflows as redemption streak extends to three weeks: CoinShares
Global cryptocurrency exchange-traded products (ETPs) experienced $1.67 billion in outflows last week, marking the third consecutive week of redemptions and the largest weekly outflow for Bitcoin products in 2024. US-based funds drove the majority of these outflows, signaling weakening institutional demand despite crypto's recent market strength.
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