US regulatory crackdown results in $32M digital asset outflows: CoinShares By Cointelegraph

Institutional traders could have gotten the jitters on crypto within the wake of the regulatory crackdown in america, with digital asset funding merchandise seeing the biggest weekly outflow of 2023.

On Feb. 20, institutional crypto fund supervisor CoinShares reported that digital asset funding merchandise noticed outflows totaling $32 million final week, the biggest outflow of the 12 months.