Bitcoin Funds Rake In New Money as Altcoin Funds Suffer

Bitcoin Funds Rake In New Money as Altcoin Funds Suffer

Ethereum funds continued their negative streak, marking nine consecutive weeks of outflows. Investors pulled out $32 million from funds that manage the second-largest cryptocurrency, ether (ETH), adding up to $357 million in outflows year to date. The outflows picked up in December 2021, and they represent a relatively small share (7%) of the total value of assets under management, the report added.

Originally Posted on: https://www.coindesk.com/markets/2022/06/06/bitcoin-funds-rake-in-new-money-as-altcoin-funds-suffer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Krisztian Sandor

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