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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) 


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