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Tag: Digital Asset

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Digital Asset Fund Inflows Exceeds $1 Billion Mark in 7 Weeks

Central issues: Computerized resource store saw a record $293 million inflow last week, pushing the 7-week complete past $1 billion for the year. Bitcoin’s year-to-date inflows came to $1.08 billion, with Bitcoin ETP exchanging volumes addressing 19.5% of all out Bitcoin exchanging. Ethereum denoted its most elevated inflows since August 2022 at $49 million. In…
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Altcoins Surge As Digital Asset Products Witness $20.9M Weekly Outflows

Central issues: Last week, digital asset investment products saw a net loss of $20.9 million, primarily from long Bitcoin products. With inflows totaling $3 million in the previous week and $19 million in the preceding eight weeks, investors favored altcoins, excluding Ethereum. Exchanging volumes for computerized resource speculation items showed decreased market movement. According to…
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