Bank of America: Cryptocurrency outflows amounted to $100 million in the past week
Bank of America cites EPFR data stating that in the past week, total cash outflows amounted to $61.2 billion, the largest outflow since October 2023. Of this, cryptocurrency outflows were $100 million and US stock fund outflows were $21.2 billion. Gold fund inflows reached $1.1 billion, the largest since May 2023. Bond inflows were $5.4 billion.
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