Ether investment products register first weekly inflows in 10 weeks
CoinShares data reveals that the worst of the crypto market downturn may have passed as institutions bought the dip. Go to Source Powered by WPeMatico
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Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2
During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to … Read more
Is the bottom in? Institutional crypto funds record second week of inflows
Despite extreme fear in the market, institutional investors appear to be re-accumulating Bitcoin using dedicated funds. Go to Source Powered by WPeMatico
Green shoots? Institutional crypto funds see first inflows in 5 weeks
Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows. Go to Source Powered by WPeMatico
Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. Go to Source Powered by WPeMatico
Defi Lending Startup Aave Launches Permissioned Platform to Entice Financial Institutions
On January 5, the open-source non-custodial decentralized finance (defi) lending platform Aave launched a permissioned version of the protocol aimed at institutions. The platform dubbed Aave Arc will leverage Fireblocks as the first whitelister as the platform aims to help bridge traditional financial institutions with defi. KYC-Centric Defi Liquidity: Aave Launches Aave Arc Permissioned Protocol … Read more
Invesco launches spot Bitcoin ETP on Deutsche Borse
Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. Go to Source Powered by WPeMatico
Institutional managers bought the dip as crypto funds see $154M in weekly inflows
Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels. Go to Source Powered by WPeMatico
Institutional Bitcoin products tag record AUM despite volume pulling back
Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week. Go to Source Powered by WPeMatico
Institutional managers bought $2B worth of Bitcoin in October
October was a record-breaking month for BTC funds thanks to the approval of two futures-linked ETFs in the United States. Go to Source Powered by WPeMatico
