Negative Crypto Sentiment Pervades Institutions, Bitcoin, and Altcoins Witness Sell-Offs: CoinShares

Digital assets manager CoinShares says institutional investors are weathering negative sentiment on the market as Bitcoin (BTC) and altcoins suffer major outflows for the sixth week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional investors sold off $39 million in crypto holdings last week, with trading volumes remaining low.