According to a report published by analyst firm CoinShares, fund outflows from crypto-based investment products between February 25 and March 3 amounted to $17 million compared to $1.9 million in the previous week.
According to the company's analysts, investors withdrew $20.1 million from traditional Bitcoin funds, up from $11.7 million a week ago. The inflow of funds into structures that allow opening short positions in BTC amounted to $1.8 million, down from $9.9 million in the previous period.
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The company's analysts have said:
"The negative sentiment likely represents continued investor concerns over regulatory uncertainty for the asset class."
Smaller inflows have been observed in the case of altcoins. For example, in Ethereum and Solana-based products, these amounted to $0.7 million and $0.34 million, respectively.