Bitcoin and Ethereum have experienced significant financial outflows, totaling $226 million, according to the latest report from CoinShares. Bitcoin accounted for the majority of these outflows with $192 million, while Ethereum saw $34 million withdrawn. This trend marks a period of caution among investors, coinciding with tax season in the U.S., which typically sees reduced investment activity. The report also notes an 11th consecutive week of outflows from blockchain equities, underscoring ongoing investor apprehensions about the sector's stability.
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.
