“This doesn’t reflect the same bearishness seen at the beginning of this year, although it is close to the $467 million outflows witnessed.
Bitcoin, which is at around $38,000 level and ethereum near $2,800 level are currently trading more than 40% lower compared to their respective all-time highs.
In terms of individual crypto fund providers, the world’s biggest digital asset manager, Grayscale had total assets under management of $34.15 billion, followed by CoinShares at $3.68 billion and 3iQ with an AUM of $2.02 billion.