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Matrixport’s head of strategy said he believes the market is currently in a “wait-and-see environment” but could shift after the U.S. mid-term elections in November. Go to Source Powered by WPeMatico
CoinShares’ head of research James Butterfill said the outflows come despite “the improved certainty of the Merge.” Go to Source Powered by WPeMatico
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Go to Source Powered by WPeMatico
The firm’s book-making took a huge hit after being exposed to the TerraUSD collapse. Go to Source Powered by WPeMatico
For the week ending July 15, ETH investment products posted $120 million worth of inflows, marking the largest weekly inflows for the asset since June 2021. Go to Source Powered by WPeMatico
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. Go to Source Powered by WPeMatico
Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Go to Source Powered by WPeMatico
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million. Go to Source Powered by WPeMatico
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021. Go to Source Powered by WPeMatico
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. Go to Source Powered by WPeMatico
