CoinShares: Crypto ETPs log $1.7B weekly outflows, $3.43B over two weeks

CoinShares reported on Monday that crypto exchange-traded products saw $1.7 billion in outflows for the week, the second straight decline that brought two-week redemptions to $3.43 billion. Year-to-date flows turned negative by $1 billion. Bitcoin funds led withdrawals with $1.32 billion, while Ether products saw $308 million exit.