Log in


Crypto sector sees outflows for 2 consecutive weeks

26 Mar 2022 2:00 PM | Kathy Countryman (Administrator)

Withdrawals from cryptocurrency investment products and funds totaled $47 million for the week ending March 18, following $110 million in outflows in the previous week, according to data from CoinShares. Bitcoin was the biggest loser, with $103 million in outflows over two weeks, but digital asset fund manager Mikkel Morch called the retracement healthy and said it "shouldn't be viewed as a negative reaction to any particular piece of geopolitical or macro news."

Full Story: Reuters (3/21) 

Address: 7420 SW Garden Home RD - Portland, OR 97223 ‚óŹ Email: execdirector@naifaoregon.org

Powered by Wild Apricot Membership Software