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Digital asset investment products experienced a capital outflow reaching 600 million US dollars

Digital asset investment products experienced a capital outflow reaching 600 million US dollars

Bitget2024/06/18 03:05

Digital asset investment products have seen a massive outflow of funds amounting to $600 million, the largest scale withdrawal since March 22, 2024. According to Coinshares and Chief Researcher James Butterfill, the reason for this capital outflow is the hawkish stance of the Federal Open Market Committee (FOMC), which has led investors to reduce their investments in fixed-supply assets such as Bitcoin.

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