Outflows

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Illustration of Bitcoin ETF outflows totaling 1.47 billion dollars due to rising interest rates, showing financial charts with downward trends.
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Bitcoin etfs lead $1.47 billion crypto outflows last week

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Digital asset investment products recorded $1.47 billion in outflows last week. Bitcoin funds drove most of the redemptions amid higher interest rate expectations.

Spot Bitcoin ETFs have recorded a streak of outflows lasting ten straight days. The funds have shed nearly $3 billion during this period. An analyst describes the trend as a potential contrarian indicator.

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Crypto investment products recorded $1.07 billion in outflows as tensions over Iran spurred risk-off sentiment among investors. Bitcoin and Ether funds led the withdrawals.

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