Crypto sees 5th week of outflows on ‘poor’ BTC sentiment: Coinshares By Cointelegraph

Institutional investor sentiment over digital assets took another beating last week, with “poor sentiment” around (BTC) leading to yet another week of outflows of digital asset investment products.

According to CoinShares’ latest edition of its “Digital Asset Fund Flows Report,” published on May 22, outflows for crypto funds totaled $32 million between May 15 and May 19, marking the fifth week of outflows in a row.

Institutional BTC shedding