Digital asset investment products saw outflows totaling $600 million

06/18 02:48

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There has been a significant outflow of funds from digital asset investment products, totaling up to $600 million. This is the largest scale of fund withdrawal since March 22, 2024. According to Coinshares and Chief Researcher James Butterfill, the reason for this fund outflow is due to the hawkish stance of the Federal Open Market Committee (FOMC), which has led investors to reduce their investments in fixed supply assets such as Bitcoin.

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