Crypto product inflow streak ends at 11 weeks, but BLOK bucks the trend

Crypto investment products, in aggregate, saw net outflows last week — ending an 11-week run of capital injection into such funds. 

The net outflows — though slight at $16 million, according to CoinShares — were a departure from a two-plus month streak during which roughly $1.8 billion entered crypto products. 

Bitcoin products saw the most outflows, at $33 million, the data shows. Still, trading volume was $3.6 billion last week — above the year’s weekly average, CoinShares research head James Butterfill said in a Monday report. 

Read more: Crypto product inflow streak hits 10 weeks before BTC climbed to $42k

The outflows come as bitcoin’s price — up about 150% year to…

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