CoinShares reports $21.7M loss tied to Terra implosion
The firm’s book-making took a huge hit after being exposed to the TerraUSD collapse. Go to Source Powered by WPeMatico
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Institutional ETH sentiment turns positive after 11 weeks of outflows
For the week ending July 15, ETH investment products posted $120 million worth of inflows, marking the largest weekly inflows for the asset since June 2021. Go to Source Powered by WPeMatico
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC. Go to Source Powered by WPeMatico
Institutional investor sentiment about ETH improves as Merge approaches
Professional investors are warming to Ethereum again as ETH-based funds see a third consecutive week of inflows. Go to Source Powered by WPeMatico
Institutional investors shorting Bitcoin made up 80% of weekly inflows
Digital asset product inflows were dominated by the $51.4 million posted by short BTC funds last week, with ETH products generating the next highest figure at just $4.9 million. Go to Source Powered by WPeMatico
CoinShares acquires French crypto asset manager Napoleon AM
CoinShares previously agreed to acquire the entire issued share capital in Napoleon Crypto SAS for $14.5 million in November 2021. Go to Source Powered by WPeMatico
It’s time to refocus on crypto infrastructure, CoinShares CSO says
CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. Go to Source Powered by WPeMatico
Institutional crypto asset products saw record weekly outflows of $423M
Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries. Go to Source Powered by WPeMatico
The crypto industry must do more to promote encryption, says Meltem Demirors
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations. Go to Source Powered by WPeMatico
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
“What has pushed Bitcoin into a “crypto winter” over the last six months can by and large be explained as a direct result of an increasingly hawkish rhetoric from the US Federal Reserve,” CoinShares wrote. Go to Source Powered by WPeMatico
