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Cryptocurrencies post record outflows in first week of 2022

Cryptocurrencies post record outflows in first week of 2022

According to a report from digital asset manager CoinShares, cryptocurrency investment products and funds had net outflows last week totaling a record $207 million.

The sector has experienced four consecutive weeks of outflows since mid-December, reaching a total of $465 million, or 0.8% of total assets under management.

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