Net outflows from global cryptocurrency funds hit a record high of nearly $1 billion last week

Mars Finance News, according to data from CoinShares, outflows from cryptocurrency investment products reached a record high of $942 million last week. It was also the first time there was a net outflow after seven consecutive weeks of inflows totaling $12.3 billion. Additionally, outflows last week were nearly double the $500 million record set in late January.