via Cointelegraph · By Cointelegraph Staff
Crypto Funds Post $1B in Outflows as Iran Tensions Weigh on Bitcoin, Ether
BTC/USDT
$4,838,040,393.22
$64,774.27 / $64,123.00
Change: $651.27 (1.02%)
+0.0008%
Longs pay
Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran.
According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly…
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