CoinShares Report: Digital Asset Investment Products Suffer $206M Outflows, Ethereum Dips Further
Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow.
Winkdex, the financial index launched by Cameron and Tyler Winklevoss, is now opening up API to developers.
Ethereum continued its trend of outflows, recording its sixth consecutive week with a $34 million outflow.
A recent research conducted by Coinbase said the market is poised for a positive second quarter despite the recent corrections that saw Bitcoin retrace to $65,000 on April 2, 2024.
While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows.
South Korea’s upcoming election sees cryptocurrency’s rising influence as parties propose contrasting policies, sparking debates over taxation and regulation.
Fortunately for VanEck, its decision to crash management fees to 0% until next year attracted record inflow for the company.
Despite a recent fee reduction, VanEck will begin a complete fee waiver from today until next year if HODL does not hit $1.5 billion in AUM.
Grayscale CEO Sonnenshein ask the SEC to approve options for GBTC, adding that the Commission has already approved same for futures ETFs.
Kraken’s strategy is driven toward attracting new institutional customers into the market.
It appears that crypto may have transitioned from the periphery to the forefront of mainstream investing.
Coinbase stock is enjoying positive activity following the company’s report that it beat expectations set by analysts for last quarter.