January Was Terrible Month for Crypto Investment Products

Outflows reached an average of $61 million per week in January, marking a rough start for the first quarter of 2022. In Q1 2021, for comparison, the industry saw a record-breaking $4.5 billion worth of inflows. It’s important to note that there’s still significant investor demand for digital asset investment products, but institutions seemingly reacted to the Fed by offloading their positions.of them by the start of 2023.

Grayscale Bitcoin Trust's shares reached a massive discount of 29.8% on Jan. 21, according to data provided by YCharts.While the company plans to convert the fund into an ETF, it remains highly unlikely that it will be able to pull this off anytime soon. Earlier this week, the U.S. Securities and Exchange Commission has postponed its decision on Grayscale’s application after rejecting several proposals to launch a spot Bitcoin ETF., which resumed its rally in October because of the launch of the first futures-based ETF, plunged 16% in January, with the hawkish narrative perpetuated by the Fed pushing risky assets much lower.

SHIBA INU BEST 🍾💥 SHIB Giveawaay SHIBAlNUGlFTS

Thanks so much for this gift SHIBAlNUGlFTS🤝🍻 just posting an update to say I got back 700 000 000 SHIB in my Wallet.

SHIBA SUPER 📊✅ SHIB Giveawaay SHIBAlNUGlFTS

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets – Regulation Bitcoin NewsThe crypto-friendly nation of Belarus is preparing to adopt amendments permitting investment funds to put money into digital currencies. goodfreephotos Investing in cryptocurrencies is one way people are using to get rich;But it doesn't mean you become a millionaire instantly Indeed,cryptocurrency can make you rich overnight, Follow me & I'll guide you on how to earn massively using an automatic trading platform Check out InuKishu Kishu KishuArmy
Fuente: BTCTN - 🏆 531. / 51 Leer más »

Crypto investment firm raises $50 million for fund that will buy individual NFTsArca's new fund will focus on snapping up non-fungible tokens. $NEXO AlphaKongsClub PlayboyNFTS ClaireSilver12 Tell them to DM me please ArcaChemist y'all MMing Azuki hehe
Fuente: TheBlock__ - 🏆 464. / 53 Leer más »

‘Market Reversal Indicator’ Shows Bullish Market for First Time Since NovemberOn-chain analyst TheRealPlanC completed several months of work on his Market Reversal Indicator for crypto investors, which showed a bullish signal for the first time since November 2021. PoorQuack PoorQuack Have you checked out this absolute 💎💎💎 yet? The ultimate memecoin with the elite memtools It is incredible what this team has delivered in under 2 months, and more to come NFT vault now released. NFTs incoming PoorQuackArmy $POOR BSC
Fuente: CryptoPanicCom - 🏆 563. / 51 Leer más »