Ethereum funds continued their negative streak, marking nine consecutive weeks of outflows. Investors pulled out $32 million from funds that manage the second-largest cryptocurrency, ether (ETH), adding up to $357 million in outflows year to date. The outflows picked up in December 2021, and they represent a relatively small share (7%) of the total value of assets under management, the report added.
Source: https://www.coindesk.com/markets/2022/06/06/bitcoin-funds-rake-in-new-money-as-altcoin-funds-suffer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines