Ivan Mezen pfp
Ivan Mezen
@ivanmezen
For the first time in four weeks, crypto funds recorded a capital outflow From July 29 to August 4, 2024, capital outflow from crypto funds amounted to $528 million, according to CoinShares. This is the first week with negative dynamics after a month of positive ones. It is noteworthy that funds based on both Bitcoin and Ethereum fell into the “red” zone. Solana-ETF also experienced outflows. Among suppliers, the anti-leader is Grayscale Investments. Net capital outflow from the company's products amounted to $806 million.
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