The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows. While Bitcoin Bounces Back, Ethereum Deals With Outflows Coinshares’ analysis highlights […]
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CoinShares believe the turnaround is due to “weaker than expected macro data in the U.S.”
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Grayscale shared a letter from Coinbase Custody attesting that each of Grayscale’s crypto products is fully backed, but stopped short of providing the wallet addresses.
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Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter.
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