Bank of America: Cryptocurrency outflow of $100 million in the past week
According to Golden Finance, citing data from EPFR, in the past week, the total cash outflow amounted to $61.2 billion, marking the largest outflow since October 2023. Gold funds saw an inflow of $1.1 billion, the highest since May 2023. US stock funds experienced an outflow of $21.2 billion, cryptocurrency outflows reached $100 million, and bond inflows totaled $5.4 billion. Additionally, fund outflows from the US stock market and US small-cap stocks were at their highest levels since December 2022.
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