CoinShares Braces for $528M Outflows as US Recession Looms: A Call to Crypto Revolutionaries
SEO news: Digital Asset Products Experience Outflows Amid US Recession Fears $10B Wiped Off of ETPs After Friday’s Market Close After Friday's market close, a significant correction in the digital asset market resulted in a $10 billion decline in total ETP Assets under Management (AuM) The majority of outflows were concentrated in the US, amounting to $531 million In comparison, Germany and Hong Kong saw outflows of $12 million and $27 million, respectively On the contrary, Canada and Switzerland recorded inflows of $17 million and $28 million, respectively, taking advantage of the price weaknesses bitcoin experienced substantial outflows totaling $400 million, marking a reversal from five consecutive weeks of inflows...
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