Crypto investment products have faced ongoing redemptions, with investors withdrawing a total of $3.2 billion since the market downturn began on October 10. In late December alone, crypto investment products posted $446 million in outflows, according to CoinShares. Over the week, $443 million was withdrawn from Bitcoin products and $59.5 million from Ethereum funds.
Since mid-October, total outflows for Bitcoin and Ethereum have amounted to $2.8 billion and $1.6 billion, respectively. Earlier, from December 12 to 20, investors withdrew $952 million from cryptocurrency investment products.
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