Institutional crypto asset products saw record weekly outflows of $423M

Cointelegraph

Published Jun 27, 2022 09:25PM ET

Updated Jun 27, 2022 11:00PM ET

Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all of the carnage.

According to the latest edition of CoinShares’ weekly “Digital Asset Fund Flows” report, Canadian investors offloaded a whopping $487.5 worth of digital asset products between June 20 and June 24.

Flows by Asset: CoinShares

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