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Bitcoin ETF outflows and private credit redemptions signal risk
CoinDesk said bitcoin ETF outflows were overshadowed by a surge in private credit redemption requests, which hit $15.6 billion in the second quarter.
CoinDesk reported that redemption requests in the private credit market rose sharply in the second quarter, reaching $15.6 billion, far larger than bitcoin ETF outflows.
The outlet said the combined ETF and private credit outflows point to higher perceived market risks.
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