Crypto assets post outflows after two-week run of inflows -CoinShares data

July 12, 2021

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Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are positioned on PC motherboard on this illustration taken June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Picture

NEW YORK, July 12 (Reuters) – Cryptocurrency funding merchandise and funds posted outflows to start out the second half of the 12 months, as cautious sentiment continued within the midst of a summer season lull, in accordance with knowledge from digital asset supervisor CoinShares launched on Monday.

Crypto outflows had been $4 million within the week ended July 9, with bitcoin merchandise