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.
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