Crypto investment products saw $1.4 billion in net inflows last week: CoinShares

📆 15/07/2024 20.29.00
📰 TheBlock__

⏱ Reading Time:
30 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 53%

Crypto Funds Berita

Indonesia Berita Terbaru,Indonesia Berita utama

While Bitcoin products dominated, Ethereum funds also had a strong week, adding $72 million, likely in anticipation of a spot ETF launch.

Global crypto investment products at asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares and 21Shares registered net inflows totaling $1.44 billion last week, according to CoinShares' latest report.

Unsurprisingly, Bitcoin-based funds dominated with $1.35 billion in net inflows, while short-Bitcoin products saw the largest weekly net outflows since April, totaling $8.6 million. U.S. spot bitcoin exchange-traded funds brought in $1.05 billion alone last week amid a six-day positive streak as total net inflows since launching in January reached a record $15.8 billion.

The Securities and Exchange Commission’s approved eight 19b-4 forms for spot Ethereum ETFs from BlackRock, Fidelity, Bitwise, VanEck, Ark Invest, Invesco, Franklin Templeton and Grayscale on May 23.

Tulis Komentar

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinSharesJamie Crawley is a CoinDesk news reporter based in London.
Sumber: CoinDesk - 🏆 291. / 63 Baca lebih lajut »

Trump speaking at Bitcoin Conference seen as 'pivotal moment' for crypto industryTrump speaking at Bitcoin Conference seen as 'pivotal moment' for crypto industry
Sumber: Investingcom - 🏆 450. / 53 Baca lebih lajut »