Withdrawals of bitcoin and cryptocurrency funds amount to $500 million. Which are the altcoins that register income.
In 8 of the last 9 weeks, digital asset outflows reached US$455 million. Last week alone, outflows totaling US$54 million were recorded, according to a recent report from the cryptocurrency investment company, CoinShares.
Withdrawals were led by BTC-based funds. BTC marked 85% of the outflows. The predominance of withdrawals was only interrupted for a week in August, when Bitcoin investment products experienced inflows of US$27 milliona fact reported by CriptoNoticias.
Ethereum, for its part, recorded outflows totaling US$4.8 million. BNB, Binance’s native currency, and MATIC, from the Polygon network, had outflows of less than $0.3 million each.
The opposite occurred with what was experienced by the coins Solana (SOL), Cardano (ADA) and XRP which recorded inflows of $0.7 million, $0.43 million and $0.13 million respectivelysays the report.
Regarding the classification by country, the United States registered 77% of departures, while Germany with 11%, Canada with 9% and Sweden with 6% also suffered losses.
Source: Ambito
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