Cryptocurrency exchange-traded products (ETPs) recorded the fourth straight week of outflows, with $876 million in losses during the past trading week.
After posting record weekly outflows of $2.9 billion last week, crypto ETPs continued their downward trend, bringing the four-week total outflows to $4.75 billion, CoinShares reported on March 10.
While the pace of outflows slowed, investor sentiment remained bearish, according to James Butterfill, head of research at CoinShares.
The analyst…
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