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Crypto AUM Declines 28% in May Due to Market Crash

The growing cryptocurrency investment instruments showed the institutional demand for the new asset class. However, the area took a massive hit with the recent slump in cryptocurrency prices.

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Crypto AUM Declines 28% in May Due to Market Crash
The growing cryptocurrency investment instruments showed the institutional demand for the new asset class. However, the area took a massive hit with the recent slump in cryptocurrency prices.

Why this matters

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

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