Crypto asset fund, net outflow for the first time in 6 weeks | coindesk JAPAN | Coindesk Japan

Crypto assets (virtual currency) funds saw their first net outflow in six weeks last week, according to a report released Monday by CoinShares.

The outflow began on April 14, coinciding with the time when Bitcoin (BTC) reached $ 30,000 for the first time in about a year, indicating a profit-taking movement.

After four consecutive weeks of inflows, Bitcoin saw $53 million in net outflows last week.

Ethereum (ETH), meanwhile, saw $17 million inflows, indicating investor confidence post-Shanghai, CoinShares wrote.

｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
| Image: CoinShares
｜Original: Crypto Investment Funds Have First Week of Outflows in 6 Weeks