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Digital asset investment products saw outflows totaling $600 million

Digital asset investment products saw outflows totaling $600 million

CointimeCointime2024/06/18 02:58
By:Cointime

There has been a significant outflow of funds from digital asset investment products, totaling up to $600 million. This is the largest scale of fund withdrawal since March 22, 2024. According to Coinshares and Chief Researcher James Butterfill, the reason for this fund outflow is due to the hawkish stance of the Federal Open Market Committee (FOMC), which has led investors to reduce their investments in fixed supply assets such as Bitcoin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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