Crypto Investors Yanked Money From ETH Products Despite a Smooth Ethereum Merge

Crypto Investors Yanked Money From ETH Products Despite a Smooth Ethereum Merge

Investment products tied to ETH saw a fourth straight week of outflows in the period ended Sept. 16, with the amount removed exceeding new money added by $15.4 million, according to CoinShares. This was not an across-the-board trend in crypto. Funds that invest in ETH’s bigger rival, bitcoin (BTC), broke a five-week streak of outflows as investors added a net $17.4 million.

Originally Posted on: https://www.coindesk.com/markets/2022/09/19/crypto-investors-yanked-money-from-eth-products-despite-a-smooth-ethereum-merge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Margaux Nijkerk

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