Digital asset investment products  17-06-2024

Digital asset investment products experienced outflows totaling US$600 million, the largest since March 22, 2024. It occurred under similar circumstances: a period of strong inflows followed by a more hawkish FOMC meeting that prompted investors to reduce their exposure to fixed-supply assets. Fund outflows and the recent price sell-off saw total assets under management (AuM) fall from over US$100 billion to US$94 billion over the week.

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