Bitcoin investment products saw a total of $621 million in outflows last week following mixed economic signals from the U.S,
Across the broader digital asset ecosystem, investment products saw net $600 outflows of $600 million, entirely driven by BTC's losses. This was the largest figure since March 22.The outflows offset minor inflows for a broad selection of altcoins, including ETH, LIDO and XRP, CoinShares said on Monday.. However, the good news was soon tampered by the Federal Open Market Committee of the Federal Reserve holding its benchmark rate range at 5.25%-5.50%.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto investment products saw $2 billion in inflows last week amid rate cut anticipation: CoinSharesGlobal digital asset investment products saw net inflows for the fifth consecutive week, adding $2 billion.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Crypto investment products see record-breaking inflows following growth in Bitcoin ETFsCoinShares weekly inflow report on Monday revealed that crypto investment products hit record-breaking inflows of $2 billion in just the first week of June, outperforming inflows for the whole of May.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Crypto investment products see $2 billion of inflows in May amid 'turnaround' in Ethereum sentiment: CoinSharesEthereum-based products saw their second consecutive week of net inflows totaling $33.5 million following spot ETF approvals on May 23.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Flows into digital asset investment products hits year-to-date record: CoinSharesA third straight week of inflows into digital asset investment products has pushed flows to a year-to-date record of $14.9 billion.
Source: TheBlock__ - 🏆 464. / 53 Read more »