Crypto funds post $1.47 billion in net outflows, a second straight negative week

Digital asset investment products and crypto funds recorded $1.47 billion in net outflows for the week ending May 23. This is the second consecutive negative week and the third-largest weekly outflow of 2026 to date. Only the twin $1.7 billion weeks of late January saw larger withdrawals from the category, according to data from CoinShares....