Despite ETF Outflows, Institutional Interest in Crypto Soars at Charles Schwab

Charles Schwab is bucking the trend of recent crypto market volatility. Despite significant outflows from Bitcoin ETFs this week, the institution is witnessing robust engagement with crypto products. This comes as Bitcoin prices plummet over $10,000, leading to cautious but intrigued investor sentiment. Analysts point to ongoing developments in cryptocurrency regulation and ETF offerings as key factors driving this interest.