Investors take profit as global crypto fund outflows hit $134 million

Investors take profit as global crypto fund outflows hit $134 million

Crypto funds saw net outflows of $134 million in the week to April 8th, marking the second-biggest weekly outflows this year, according to a report by digital asset manager CoinShares.

Bitcoin took the brunt of the outflows, which totalled $132 million during the seven-day period. Meanwhile, Ethereum funds saw outflows totalling $15.3 million last week, bringing its year-to-date outflows to $126 million.

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