For the first time in four weeks, institutions withdrew funds from cryptofunds

In January, institutional investors entered digital currency-focused instruments.
The rise in bitcoin’s value provoked a surge in big-cap activity. For example, in the last week of January alone, crypto funds attracted about $117 million – the largest figure in the past six months.
According to CoinShares, institutions withdrew funds from digital currency-focused instruments for the first time since early 2023 last week.

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