Europe buys the dip as US funds keep bleeding – who is buying Bitcoin right now?

Five straight weeks of net redemptions from crypto investment products are enough to raise the alarm, as they point to a choice that keeps getting made, with the same logic, on the same cadence, by the same kinds of committees. CoinShares‘ weekly report showed digital asset investment products saw $288 million in outflows for the week, the fifth consecutive weekly decline, bringing the five-week total to $4 billion. …