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Last week, the crypto investment landscape witnessed a significant exodus of capital from global crypto funds. A recent report from CoinShares highlighted nearly $1 billion net outflow from these funds, marking a historic departure from a 7-week inflow streak that had cumulatively amassed $12.
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The crypto investment space has reached a notable mark, with trading volumes hitting a high of $30 billion in trading volume last week. This surge, as reported by CoinShares, signifies a pivotal moment in accepting and integrating cryptocurrencies into mainstream financial portfolios.
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Crypto investment products have seen a notable surge in investor interest, marking their 4th consecutive week of substantial inflows. According to recent data from CoinShares, these products attracted roughly $598 million in investments over the past week alone.
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CoinShares, a crypto asset management firm, has recently reported that there has been a notable surge in weekly inflows into crypto asset investment products, reaching a record high of $2.45 billion. The cumulative inflows for the year-to-date period have now reached $5.2 billion.
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The crypto market, particularly Bitcoin, has recently experienced significant outflows. According to a recent report from CoinShares, digital asset investment products worldwide saw net outflows of $500 million last week.
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