Digital asset investment products noted outflows of $251 million in the week ending May 5. CoinShares report shows Bitcoin outflows weighed as Ethereum, Avalanche, Cardano, Solana, Polkadot and Litecoin saw inflows. The launch of spot-based ETFs in Hong Kong resulted in $307 million inflows in the first week of trading.
This could be driven by a decline in demand among market participants and the recent correction in Bitcoin price, resulting in a negative sentiment among traders. A positive event was the launch of spot-based ETFs in Hong Kong. CoinShares report says that these funds registered $307 million in inflows, although these failed to offset the measurable outflows of crypto investment products in the US.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: TheBlock__ - 🏆 464. / 53 اقرأ أكثر »