Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin funds, signaling a more cautious approach to crypto allocation on the part of institutional investors.
Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturday, according to the latest fund flows report from CoinShares. Year-to-date, Bitcoin investment funds have quietly added $506 million in net inflows. Investors appear to be allocating to Bitcoin at the expense of Ether and other altcoins. Ether funds saw $32 million in outflows, marking the ninth consecutive week of declines. Outflows from Ether investment products have totaled $357.4 million this year.
Meanwhile, investments in multi-asset crypto funds rose by $4.3 million last week, bringing the year-to-date total to $201.3 million. Grayscale remains the single largest digital asset manager with over $27 billion under management. Roughly 99% of Grayscale's total assets are devoted to the
Union banks started offering btc investment to their clients
This dip is cool. I bought some leo and matic on it.
I already spend a lot of usdt on this dip. I hope all crypto will go up soon.
I’m buying it at 21111
All crypto SCAM FOREVER
This is called free market ;)
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BTCTN - 🏆 531. / 51 Read more »