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Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares

Crypto News by Crypto News
June 17, 2024
in Crypto News
Reading Time: 1 min read
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Jamie Redman
2024-06-17 13:35:24
news.bitcoin.com

Digital Asset Funds Witness Major Shake-up Amid Fed's Hawkish Stance: CoinsharesDigital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance, leading investors to reduce their exposure to fixed-supply assets like bitcoin. Coinshares Flow Report […]

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