Crypto Investment Products Saw $1.2B of Inflows Last Week, Most in 10 Weeks: CoinShares

Digital asset funds saw net inflows of $1.2 billion last week, their most since the week ended July 19.

The growth marked the third consecutive week of inflows and was attributed to expectations of further interest-rate cuts in the U.S. Digital asset funds saw inflows of $1.2 billion last week, the largest total since the week ended July 19, according to crypto asset manager CoinShares. The additions marked the third consecutive week of inflows and were attributed to expectations of further interest-rate cuts in the U.S.,The U.S. bitcoin exchange-traded fund sector received a boost recently with the Securities and Exchange Commission's approval of"The approval of options for certain US-based investment products likely boosted sentiment, although trading volumes have not seen a commensurate rise, in fact, they declined slightly by 3.

Bitcoin funds saw over $1 billion of inflows. Ether products added $87 million to break a five-week losing streak and net"the first measurable inflows since early-August," according to the report.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Crypto Investment Products Lost $726M Last Week Amid Rate Cut UncertaintyCrypto Blog
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »

Crypto Investment Products See Continued Inflows Despite Slight DipDespite a slight dip from the previous week, global digital asset funds recorded $321 million in inflows last week, marking their second consecutive week of positive growth. US-based funds led the surge with $277 million, followed by Switzerland with $63 million. However, Germany, Sweden, and Canada experienced outflows.
Herkunft: Crypto_Potato - 🏆 568. / 51 Weiterlesen »

Crypto Flows Top $321 Million, BTC, ETH and XRP Stun MarketCrypto investment products top $321 million in inflows last week
Herkunft: Utoday_en - 🏆 295. / 63 Weiterlesen »

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating ProtocolWill Canny is a finance reporter at CoinDesk.n
Herkunft: CoinDesk - 🏆 291. / 63 Weiterlesen »