Crypto Investment Products See $305 Million in Outflows as US Economic Data Dims Larger Rate Cut Hopes

Cryptocurrency investment products saw over $300 million of outflows over the past week over “stronger-than-expected economic data” in the United States, with the data coming amid “widespread negative sentiment evident across various providers and regions.” According to CoinShares’ latest Digital Asset Fund Flows report, cryptocurrency investment products saw $305 million of ouflows over the past