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ETFGI reported that Crypto ETFs and ETPs listed globally saw net outflows of US$83 million during August, bringing year-to-date net inflows to US$712 million, which is much lower than the US$4.17 billion gathered at this point last year.
YTD net inflows of $727 mln are a fraction of the $4.07 billion gathered by this point last year.
ETFGI reported that Crypto ETFs and ETPs listed globally saw net outflows of US$556 million during April, bringing year to date net inflows to US$303 million, which is much lower than the US$2.69 billion gathered at this point last year.
The prices of bitcoin and other digital assets are sliding, but flows data for globally listed crypto exchange traded products remain optimistic.
ETFGI reported a record US$20.23 billion invested in Crypto ETFs and ETPs listed globally at the end of November 2021.