Regulatory concerns taking a toll: Bitcoin, Ethereum investment funds record $120 million in outflows (Cryptoslate)

Originally published at: https://www.channel-sea.cc/regulatory-concerns-taking-a-toll-bitcoin-ethereum-investment-funds-record-120-million-in-outflows-cryptoslate/

After seven consecutive weeks of inflows, crypto investment products recorded significant outflows last week, according to the latest report by institutional crypto fund manager CoinShares. The report which analyzes weekly flows into cryptocurrency funds suggests regulatory concerns and geopolitical turmoil have diminished investor interest in both the Americas and Europe. $80 million of the outflows…