Bitcoin Dominates as Crypto ETPs Witness Unprecedented $2.9B Exodus: CoinShares Report

Crypto exchange-traded products (ETPs) experienced a significant sell-off last week, with investors withdrawing approximately $2.9 billion from these funds, according to a report by CoinShares. This marks the largest weekly outflow on record for ETPs. The recent wave of withdrawals extends a three-week streak of outflows, totaling $3.8 billion. Several factors are likely driving this […]