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Institutional crypto asset products saw record weekly outflows of $423M

06/28/2022

Less than a minute

2022.06.28 10:06

Institutional crypto asset products saw record weekly outflows of $423M

Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all of the carnage.

According to the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Canadian investors offloaded a whopping $487.5 worth of digital asset products between June 20 and June 24.

06/28/2022

Less than a minute

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