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Crypto funds under management drop to a low not seen since July 2021 -Breaking

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Management of cryptocurrency funds drops to an all-time low that has not been seen since July 20,21

Digital asset investment productsInflows totalling $141 Million were recorded during the week that ended May 20, which brought the Total Assets Under Management (AUM), as well as the institutional fund assets, down to $38 Billon. It is the lowest amount since July 2021.

According to the latest edition of CoinShare’s weekly Digital Asset Fund Flows report, (BTCFollowing a $154 million decline in funds for the week, the principal focus of outflows was on ). BTC prices fluctuated between $28,600 – $31,430 during a turbulent week of trading.

BTC/USDT 1-day chart. Source: TradingView
The week ended May 20, 2022, saw the following flows by asset: Source: CoinShares
U.S. currency index. 1-week chart. Source: Delphi Digital