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Crypto Funds Hit by Redemptions as Investors Retreat From Bitcoin

Investors have been diversifying out of bitcoin and into altcoin investment products, according to CoinShares.

Updated Mar 6, 2023, 3:08 p.m. Published May 17, 2021, 7:01 p.m.
Record redemptions last week in bitcoin funds helped push overall investment flows into into the red for the first time in 2021.
Record redemptions last week in bitcoin funds helped push overall investment flows into into the red for the first time in 2021.