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Crypto

US spot crypto ETFs lost $1.55 billion, with Avalanche funds the only gain

Avalanche funds took in $227,000, the only weekly inflow among 15 categories tracked by SoSoValue.

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U.S. spot crypto ETFs lost about $1.55 billion combined over the week. It was the second weekly loss in a row for these funds.

Avalanche funds were the one exception. They took in $227,000, the only weekly inflow among the 15 categories SoSoValue tracks.

Outside Avalanche, the funds kept losing money through the week.