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Biggest Outflows in 12 Weeks as Investors Cash Out Following FTX Fall


kram1

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The brutal bear market continues, with crypto investment products last week experiencing their biggest outflows in three months, according to a new report.

Digital asset investment firm CoinShares said Monday that investors took out $23 million last week. Inflows (investors putting money into crypto products) were experienced only in short Bitcoin funds, which bet on the price of the digital asset going down. $9.2 million was put into such funds, the firm said. 

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