Crypto funds hit by $1b outflows amid market volatility: CoinShares

2024-12-23 17:03

Crypto funds saw $1 billion in outflows at the end of last week, including $576 million in a single day, amid market jitters following a hawkish Fed stance. Digital asset investment products recorded $308 million in inflows last week, but… origin »

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market crypto million amid week outflows funds

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Crypto Market Crash ‘Worse Than Expected’ But Bottom Might Be Near, Says Tom Lee

BitMine’s chairman, Thomas “Tom” Lee, has weighed in on the potential reasons for the recent crypto market’s performance and why he believes the prices may be near the bottom. Related Reading: Is The Bitcoin Bottom In? CMT Reveals What Investors Need To See Now ‘All Pieces In Place’ For Crypto Market Bottom On Monday, BitMine’s chairman and Fundstrat’s CIO, Tom Lee, discussed the recent market crash that has wiped out around 13% of the crypto market’s total value over the past week.

2026-2-3 14:00