Bitcoin ETF Outflows Continue For Second Straight Week
A new report reveals a decline in investor appetite for digital asset investment products, with outflows totaling $206 million for the second consecutive week. What Happened: This trend coincides with a decrease in trading volumes for Exchange Traded Products (ETPs) to US$18 billion, according to a report from Coinshares. The data suggests a potential shift in sentiment among ETP and ETF investors. The lower volume percentage compared to total Bitcoin (CRYPTO: BTC) volumes, which are currently rising, might be a response to expectations of the FED maintaining high interest rates for longer tha…