Crypto Funds Outflow Recorded Last Week



Digital asset-based investment products lost $1.43 billion last week, which was the largest outflow since March.

Due to pessimistic market sentiment, investors withdrew $2 billion from crypto funds at the beginning of the week.

However, Fed Chairman Jerome Powell's speech at the Jackson Hole Symposium gave market participants hope for monetary easing. This triggered an inflow of $594 million.

Ethereum ETFs lost $440 million. At the same time, since the beginning of August, these products have attracted $2.5 billion. For comparison, $1 billion was withdrawn from Bitcoin-based investment products in a month. #btc# #eth# #ltc# #sol# #xrp#
XRP2.93%
SOL5.56%
GT-0.17%
ETH1.7%
BTC1.24%
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Deltaprovip
· 08-26 08:38
Trump wrote that he fired Lisa Cook from the Fed. Now a former member of the Fed board believes that the US president does not have such rights. And Donnie Dump again promised 200% tariffs for China 😩

Pantera Capital fund plans to raise $1.25 billion to buy SOL and create a treasury 🤑
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