Institutional Investors Sell-Off Bitcoin (BTC) for Fourth Week in a Row: CoinShares

Digital assets manager CoinShares says institutional investors continue to have a bearish sentiment about the market as crypto suffers major outflows for the fourth week in a row.

In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $54 million in crypto holdings last week for a fourth consecutive week of outflows.

“Digital asset investment products saw a 4th consecutive week of outflows totaling US $54 million, bringing the total outflow to US $200 million, representing 0.6% of total assets under management (AuM). The recent price