Institutional investors have bucked the market trend with $32 million of outflow from digital asset investment products in the wake of the SEC’s war on crypto.
as the Securities and Exchange Commission ramps up what industry analysts have dubbed its war on crypto.
The majority of those outflows, or 78%, were from Bitcoin related investment products and there was an inflow of $3.7 million to Bitcoin short funds. The firm blamed the regulatory crackdown for the increased outflows.
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