Bank of America: Money market funds see the largest inflow of the year, while Crypto Assets outflows reach a new high since March.

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[Coin World] According to reports, Bank of America stated that money market funds are experiencing the largest inflow of funds since January, while inflows into investment-grade bond and high-yield bond funds have reached a new high since June 2020.

According to data cited by Bank of America, in the week ending August 6: cash assets attracted $106.7 billion, bonds attracted $28.5 billion; gold saw an outflow of $200 million, and cryptocurrencies had an outflow of $1.9 billion, marking the largest single-week outflow since March; the stock market experienced an outflow of $41.7 billion, but this was entirely driven by the abnormal liquidation outflow of three UK-registered funds on July 31.

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UnluckyMinervip
· 08-08 09:39
We're doomed, everyone is doing a Rug Pull.
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0xSunnyDayvip
· 08-08 09:37
Even in a Bear Market, one should find some fun.
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CryptoAdventurervip
· 08-08 09:37
Here comes the Be Played for Suckers again.
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ZenChainWalkervip
· 08-08 09:33
Sigh, the coin market is a bit bleak.
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MultiSigFailMastervip
· 08-08 09:22
Lost 1.9 billion, who is dumping?
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