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Crypto ETFs See First Outflow in 15 Weeks Amid New Legislation

The post Crypto ETFs See First Outflow in 15 Weeks Amid New Legislation appeared first on Coinpedia Fintech News

Last week marked the first net outflow from cryptocurrency ETFs in 15 weeks. This week continues to show outflows, reflecting a “buy the rumor, sell the news” trend following the signing of long-anticipated crypto legislation into law. Investors appear to be adjusting positions after the market responded to regulatory clarity, signaling cautious sentiment in the crypto ETF space.