In brief

  • Over $800 million was pulled out of crypto ETFs worldwide last week, CoinShares said Monday.
  • Most of that came from investors pulling funds out of Bitcoin funds as the leading coin’s price fell.
  • But Solana and XRP funds attracted inflows, bucking the trend from BTC and ETH funds.

Investors pulled money out of Bitcoin and Ethereum ETFs last week but threw cash at funds giving altcoin exposure, a new report on global crypto ETF investments shows. 

Data from digital asset manager CoinShares shows that while investors pulled cash out of the two biggest digital coins last week, helping fuel price declines, other investors placed bets on Solana and Go to Source to See Full Article
Author: Mathew Di Salvo

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