Institutional crypto managers report record AUM despite U.S. inflows plummeting
Institutional inflows have declined 59% this past week, but AUM is at an all-time high. Go to Source Powered by WPeMatico
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Ethereum whales refuse to sell as more ETH flows into DeFi
The number of wallets holding over 10K ETH has hardly dropped in four weeks. Go to Source Powered by WPeMatico
Retail traders buying more Bitcoin than institutions: JPMorgan
Retail traders have been buying large amounts of BTC through PayPal and Square. Go to Source Powered by WPeMatico
Digital asset investment products hit record $4.2B inflows already this quarter
Bitcoin dominates but Ethereum is growing in popularity for institutional investment products. Go to Source Powered by WPeMatico
Bitcoin whales are accumulating BTC around $48K, on-chain data suggests
Big Coinbase outflows show that some big players are scooping up Bitcoin on dips below $50,000. Go to Source Powered by WPeMatico
ETH represented 80% of last week’s institutional crypto inflows
Institutions were aggressively accumulating ETH in the lead up to the launch of CME futures, with Ether products representing 80% of last week’s institutional crypto inflows. Go to Source Powered by WPeMatico
Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. Go to Source Powered by WPeMatico
80% of US and European Institutional Investors Find Cryptocurrency Appealing: Survey
A new survey of about 800 institutional investors in the U.S. and Europe shows strong cryptocurrency adoption, particularly bitcoin. About 80% of institutions said they find cryptocurrency appealing, and 60% believe cryptocurrencies have a place in their portfolios. Crypto Appeals to 80% of Institutions Surveyed Fidelity Digital Assets, the cryptocurrency arm of Fidelity Investments, announced … Read more
Grayscale is Buying Up More Than Just Bitcoin
22% of crypto fund manager Grayscale Investments’ purchases have been Ether throughout 2020 so far, totaling $110 million worth of accumulation. Go to Source Powered by WPeMatico
Goldman Sachs to Host Conference Call on Crisis, Crypto, and Inflation
Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation. Go to Source Powered by WPeMatico
