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Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows. Go to Source Powered by WPeMatico
Bitcoin funds are still in decline as institutional sentiment remains bearish. Go to Source Powered by WPeMatico
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish. Go to Source Powered by WPeMatico
CoinShares’ weekly report showed institutional managers are buying into crypto funds again after four weeks of profit taking. Go to Source Powered by WPeMatico
Elwood is set to sell its blockchain-focused ETF index to CoinShares for $17 million. Go to Source Powered by WPeMatico
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data … Read more
Ether investment products have suffered record outflows this past week, while Bitcoin flows have begun to stabilize. Go to Source Powered by WPeMatico
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3.4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns. Amid ‘Never Ending’ Market Rallies, Core … Read more
Meltem Demirors believes that the current Bitcoin price drop is a correction, and it is weeding out the paper hands. Go to Source Powered by WPeMatico
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds. Go to Source Powered by WPeMatico
