Institutional investors just sold an overall total of $288 million in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The outflows mark the fifth consecutive week of selling, bringing cumulative year-to-date outflows to $4 billion. Bitcoin drove the bulk of the selling with $215 million in outflows.
Institutional Investors Sell $288,000,000 in Bitcoin and Crypto Assets in Fifth Straight Week of Outflows: CoinShares
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Institutional investors sell $288 million in Bitcoin and crypto assets in one week, CoinShares says; Bitcoin accounts for $215 million of the outflows; outflows mark the fifth consecutive week and bring cumulative year-to-date outflows to $4 billion.
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