Institutional investment flows out of ETH and into competing L1 altcoins
Analysis from CoinShares shows investors favored smaller altcoins last week as capital outflows for Ethereum hit $17 million. Go to Source Powered by WPeMatico
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Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC and ETH Products Lag Behind According … Read more
FTX and CoinShares launch physical staked Solana ETP
CoinShares FTX Physical Staked Solana will be listed on Germany’s major digital market Xetra and is the fourth ETP rolled out by CoinShares this year. Go to Source Powered by WPeMatico
Crypto funds register largest weekly inflows since December
Capital flowed into BTC funds for a seventh consecutive week, while ETH products registered their largest gain in 13 weeks. Go to Source Powered by WPeMatico
$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative
CoinShares noted that despite “price weakness and perceived negative impact from the looming conflict in Eastern Europe,” digital asset investment products saw inflows totaling $109 last week. Go to Source Powered by WPeMatico
Ether investment products register first weekly inflows in 10 weeks
CoinShares data reveals that the worst of the crypto market downturn may have passed as institutions bought the dip. Go to Source Powered by WPeMatico
Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to … Read more
Is the bottom in? Institutional crypto funds record second week of inflows
Despite extreme fear in the market, institutional investors appear to be re-accumulating Bitcoin using dedicated funds. Go to Source Powered by WPeMatico
Green shoots? Institutional crypto funds see first inflows in 5 weeks
Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows. Go to Source Powered by WPeMatico
Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. Go to Source Powered by WPeMatico