Summary
Investors were hesitant due to recent price correction, resulting in lower inflows into new ETF issuers in the U.S. CoinShares reported $1.1 billion inflows, partially offsetting Grayscale’s $2 billion outflows.
Key Points
1. Price correction led to hesitancy from investors, resulting in lower inflows into new ETF issuers in the U.S.
2. New ETF issuers in the U.S. saw $1.1 billion inflows, partially offsetting Grayscale’s significant $2 billion outflows last week.
3. The market experienced a price correction, impacting investor behavior and fund inflows.