A report from CoinShares said institutional investors withdrew $54 million from crypto funds last week.
As a result, in monthly terms, capital outflows from products focused on digital currencies amounted to about $200 million. The amount of capital accumulated in cryptocurrencies decreased by 0.6%, stressed in CoinShares.
Investment companies withdrew $38 million from bitcoin-focused instruments during the week. Since mid-April, they have taken more than $160 million from such funds (80% of the total funds withdrawn from the market).