CoinShares: BTC funds lost $53 million
Last week, institutionalists were impressed by the bitcoin correction and rushed to withdraw $53.1 million from the funds linked to it.
Interestingly, almost no one bet on shorting BTC in the process. But in the Ethereum update institutionalists believed in it and invested almost $17 million in it.
Total: minus $30.4 mln for the last week, after four weeks of inflow of funds to crypto funds .
