Reuters

Crypto sector sees outflows for fourth week in a row, CoinShares data shows

Cryptocurrency investment products and funds posted outflows for a fourth consecutive week, the bulk of which came from bitcoin products, which also experienced its fourth straight weekly outflow, data from digital asset manager CoinShares showed on Monday. Crypto outflows hit $19.5 million in the week ended July 30, with bitcoin reaching $19.7 million in outflows. Other crypto and digital investment products such as Ripple and Polka Dot, however, did show minor inflows for the week.

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