News Formal

Crypto Investment Products Witness 9th Straight Week of Outflows: CoinShares

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Digital asset investment products witnessed its 9th consecutive week of outflows last week, pushing the total to $423 million, according to a report by CoinSharesCo. By LedesmaLyllah.

Last week's outflows totalled $5.1 million, with the end of the week seeing minor inflows after the news that

in the U.S. However, the inflows were not large enough to offset outflows seen earlier on in the week.for altcoins, investors were prompted to add positions, with inflows totalling $2.4 million, CoinShares said. Altcoin prices have suffered after the U.S. Securities Exchange Commision listed a number of altcoins as securities in its lawsuits against Binance and Coinbase . XRP saw inflows of $1 million last week and Cardano's ADA saw $600,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville awarded $1.088 million in state funding to support Military investmentThe state of Florida has granted the city a total of $1,088,000 through various programs aimed at bolstering defense infrastructure and advocacy initiatives.
Source: WOKVNews - 🏆 247. / 63 Read more »

Salesforce Ventures Lead $6M Seed Extension Investment in NFT Intelligence Firm MnemonicMnemonic offers NFT data, analytics and insights to help developers and enterprises create Web3 products via its APIs.
Source: Crypto_Potato - 🏆 568. / 51 Read more »