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Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak

Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector. The overall outflows mainly came as a result of significant outflows fro...

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Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak
Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector.
The overall outflows mainly came as a result of significant outflows from altcoin-backed funds, and in particular those backed by Polygon’s native token MATIC, data from crypto investment and research firm CoinShares showed....
Read More: Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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