Ether year-to-date outflows reached $108 million, becoming the “least loved digital asset amongst ETP investors this year,” CoinShares said.
Overall, crypto investment products at asset managers such as Bitwise, Grayscale, ProShares and 21Shares saw outflows of $59.3 million last week, significantly higher than theand adding to a total of $294 million in outflows over the last month.
"Timing wise this is interesting as the [short bitcoin] inflows in March also came at a time of heightened regulatory uncertainty," Butterfill continued.
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