$600,000,000 Leaves Crypto ETPs Following More-Hawkish-Than-Expected FOMC Meeting: CoinShares

Digital assets manager CoinShares says crypto products bled out last week to the tune of $600 million. In its latest Digital Asset Fund Flows report, CoinShares says that institutional investors are likely reacting to a more “hawkish-than-expected” Federal Open Market Committee (FOMC) meeting last week. “Digital asset investment products experienced outflows totaling US$600 million, the largest The post $600,000,000 Leaves Crypto ETPs Following More-Hawkish-Than-Expected FOMC Meeting: CoinShares appeared first on The Daily Hodl .

Source: The Daily Hodl