US Crypto Funds See $952M Outflows Amid Regulatory Uncertainty
Digital asset funds experienced significant outflows totaling $952 million last week, according to reports. The primary driver for this exodus appears to be growing investor concerns surrounding regulatory delays in the United States. Ethereum experienced the largest outflows, suggesting investors are reevaluating their positions in light of the evolving regulatory landscape. The development highlights the sensitivity of the digital asset market to regulatory actions and uncertainties, particularly in the US.
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