Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Go to Source Powered by WPeMatico
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Investors increasingly confident of Ripple’s victory over SEC: CoinShares
XRP investment products have seen a third consecutive week of inflows, suggesting investors may be increasingly confident of Ripple’s victory. Go to Source Powered by WPeMatico
CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree
The bot is based on an algorithm that is focused on aggregating different data sets from OpenSea to determine the supposed “fair price” of an NFT. Go to Source Powered by WPeMatico
CoinShares’ Butterfill suggests ‘continued hesitancy’ among investors
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
Merge ‘jitters’ sees outflow from Ether-based investment products
CoinShares’ head of research James Butterfill said the outflows come despite “the improved certainty of the Merge.” Go to Source Powered by WPeMatico
Summer doldrums? Crypto volumes are down 55%, according to CoinShares
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows. Go to Source Powered by WPeMatico
CoinShares reports $21.7M loss tied to Terra implosion
The firm’s book-making took a huge hit after being exposed to the TerraUSD collapse. Go to Source Powered by WPeMatico
Institutional ETH sentiment turns positive after 11 weeks of outflows
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
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
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
Institutional investor sentiment about ETH improves as Merge approaches
Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Go to Source Powered by WPeMatico