# Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
” Almost $100M exits US crypto funds in anticipation of hawkish monetary policy “ Institutional investors offloaded $101.5 million worth of digital asset products last week in ‘anticipation of hawkish monetary policy’ from the U.S. Federal Reserve according to CoinShares. U.S. inflation rates hit 8.6% year-on-year at the end of May, marking a return to…