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Global crypto investment products shed $352 million in weekly outflows despite improved Fed rate cut prospects: CoinShares Global crypto investment products managed by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares generated net outflows of $352 million last week, reversing the trend once again after the prior week's $2.5 billion inflows, according to CoinShares' data. Weaker payroll figures and improving prospects for a September interest rate cut in the U.S. failed to bolster sentiment, CoinShares Head of Research James Butterfill said in a Monday report. https://www.theblock.co/post/369831/global-crypto-investment-products-shed-352-million-in-weekly-outflows-despite-improved-fed-rate-cut-prospects-coinshares

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