Funds holding Ether, Solana and Cardano also saw combined net outflows of about $43 million last week, according to CoinShares.
Global crypto funds took a sharp downturn last week as investors pulled out $942 million — the most on record, according to CoinShares International.
“The recent price correction led to hesitancy from investors, leading to much lower inflows into new ETF issuers in the US,” Butterfill said in a report Monday.
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