Bitcoin Defies Trend as Crypto Funds Experience $342 Million Outflow Streak

Crypto-backed investment funds saw minor outflows totaling $11.2 million last week, marking the third consecutive week of outflows from the sector. The overall outflows mainly came as a result of significant outflows from altcoin-backed funds, and in particular those backed by Polygon's native token MATIC, data from crypto investment and research firm CoinShares showed....