INVESTORS HAVE PULLED $417M OUT OF CRYPTO FUNDS IN TWO MONTHS

Summary from the TLDR Crypto newsletter

Institutional investors have continued to pull out from crypto funds to the tune of $417 million over a two-month period. North America accounted for 87% of total outflows. Bitcoin led the outflows, while Ethereum also experienced significant sell pressure. Solana, Litecoin, and Ripple registered inflows. Market experts attribute the selling to ongoing monetary policy adjustments, particularly rising interest rates.