Digital asset ETPs
Digital asset exchange-traded products (ETPs) faced a notable outflow of $2 billion last week, driven largely by uncertainties surrounding monetary policy and selling by crypto whales, as reported by CoinShares. The recent outflows mark the largest since February, indicating a significant shift in investor sentiment within the digital asset market. Analysts suggest that the combination of policy uncertainty and the actions of large investors has contributed to this trend. The impact of these factors on the overall market dynamics remains to be seen, but the current situation highlights the volatility and risks associated with digital asset investments.
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