Crypto ETPs Face Record-Breaking Investor Withdrawals
Massive Crypto ETP Sell-Off Sets Record
Record Sell-Off Hits Crypto Exchange-Traded Products
Crypto exchange-traded products (ETPs) recently experienced an unprecedented sell-off, marking the largest outflow on record. Investors extracted about $2.9 billion from these funds, as reported by CoinShares on Monday.
Shift in Investor Sentiment
This significant withdrawal signals a change in investor sentiment following a prolonged phase of consistent investment in digital asset products.