Crypto investment products experience outflows for 9th consecutive week
As an effect, the streak of outflows persisted.Examining the regional breakdown, the U.S. and Germany experienced small inflows of $3.7 million and $2.4 million, respectively. The U.S. kept its lead in terms of total inflows year-to-date, accumulating $147 million, while Canada struggled with outflows amounting to $277 million. Notable cryptocurrencies such as XRP (XRP), Cardano (ADA) and Polygon (MATIC) were the focus of these inflows, getting quantities of $1 million, $0.6 million and $0.2 million, respectively.On the other hand, Ether (ETH) experienced the biggest outflows for the week, amounting to $5 million.
As a consequence, the streak of outflows persisted.Examining the regional breakdown, the U.S. and Germany experienced minor inflows of $3.7 million and $2.4 million, respectively. The U.S. preserved its lead in terms of total inflows year-to-date, building up $147 million, while Canada had a hard time with outflows amounting to $277 million. Noteworthy cryptocurrencies such as XRP (XRP), Cardano (ADA) and Polygon (MATIC) were the focus of these inflows, receiving amounts of $1 million, $0.6 million and $0.2 million, respectively.On the other hand, Ether (ETH) experienced the biggest outflows for the week, amounting to $5 million.