Crypto investment products witness $1.2 billion inflow as monetary policy expectations linger

📆 30/09/2024 20:26:00
📰 FXStreetNews

⏱ Reading Time:
25 sec. here
5 min. at publisher
📊 Quality Score:
News: 23%
Publisher: 72%

Bitcoin Noticias

Ethereum,Cryptocurrencies,Solana

CoinShares' weekly report on Monday indicates that digital asset investment products recorded inflows totaling $1.2 billion last week after the Securities & Exchange Commission (SEC) approved options trading for Bitcoin ETFs.

Digital asset products recorded inflows totaling $1.2 billion last week, marking a third consecutive week of positive flows. Bitcoin ETFs witnessed the highest inflows, totaling $1 billion, as BTC supply in profit remained above 80%. Ethereum ETFs recorded inflows of $87 million despite varying sentiment among altcoins last week. CoinShares' weekly report on Monday indicates that digital asset investment products recorded inflows totaling $1.

He further adds that the growth may be due to bulls leveraging exchanges for trades trading as opposed to on-chain, over-the-counter trading among bears. Furthermore, Bitcoin's supply in profit remains above 80%, which historically signals a bull cycle, per SignalQuant via CryptoQuant. BTC Supply in Profit Altcoins experienced varying sentiment last week, with global Ethereum products recording inflows of $87 million after five weeks of net outflows that date back to August.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

España Últimas Noticias, España Titulares

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

Crypto Investment Products Saw $1.2B of Inflows Last Week, Most in 10 Weeks: CoinSharesJamie Crawley is a CoinDesk news reporter based in London.
Fuente: CoinDesk - 🏆 291. / 63 Leer más »

Trump plans to launch his sons' crypto business on Monday, 50 days before Election DayFormer President Donald Trump plans to deliver remarks next Monday about cryptocurrency and the launch of the company World Liberty Financial, a crypto platform controlled by the Republican nominee’s sons Donald Jr. and Eric.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »