Bitcoin Leads Crypto Funds’ $1 Billion Rebound To End 5-Week Negative Streak
Crypto Exchange-Traded Products (ETPs), led by Bitcoin (BTC) funds, have broken their one-month negative streak after recording significant inflows over the last week, signaling renewed demand for the digital asset-based investment products amid broader market weakness and geopolitical tensions. Crypto Funds Break Out Of Multi-Week Bleeding In its latest Digital Asset Fund Flows Weekly Report,…
Why This Pundit Believes XRP Could Become A ‘Joke’ As ETFs Go Live
A recently shared image on X showing the full lineup of pending XRP ETF filings prompted a blunt response from market commentator Robert Ledferd. Instead of offering predictions or excitement, he framed the moment as a straightforward test for the asset, noting that if XRP cannot climb into double-digit territory once this many ETFs are…
Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity
Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the latest report from CoinShares, a total of $584 million exited crypto-focused investment vehicles, pushing the two-week cumulative outflows to $1.2 billion. This movement coincides with investor uncertainty surrounding the likelihood of interest rate cuts by…
Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out?
The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency. Bitcoin Price Faces Pressure Amid Massive Outflows CoinShares’…
CoinShares Seeks Approval For Spot Litecoin And XRP ETF In Latest Market Move
In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings. CoinShares Targets Litecoin And XRP ETF CoinShares’ submission arises as the US ETF market…
From Bitcoin to Altcoins: Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs
The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge. CoinShares reveals that the…
Crypto Investment Products See Record $2.2 Billion Inflows—Is The Bull Run Here?
The latest weekly digital asset fund flow report from CoinShares has revealed that last week, crypto asset investment products saw roughly $2.2 billion in net inflows globally, marking the largest inflow since July. This rise in inflows comes amid the gradual recovery of top crypto assets last week, with the majority now reclaiming major highs…