Digital asset investment products recorded outflows of $600 million last week, the highest since March. Bitcoin led the negative flows with $621 million in outflows, while Ethereum and Ripple saw positive inflows of $13 million and $1 million, respectively. The Federal Open Market Committee's hawkish stance contributed to the bearish sentiment. Despite the overall outflows, Ethereum's market sentiment remains positive with the anticipated launch of spot ETH ETFs
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
