Bitcoin, Ethereum and Altcoins Dip As BlackRock, Whales and Institutions Dump Pulls Billions of Dollars From Crypto Markets
Digital asset investment products saw their largest weekly outflows since March, as skepticism over Federal Reserve monetary policy weighed heavily on sentiment. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says that institutional investors pulled $1.43 billion from crypto investment vehicles last week, with exchange-traded product (ETP) trading volumes surging to $38 billion