$29 million flowed into digital asset investment products last week, led by BTC Bitcoin Solana Ethereum
- The streak of outflows from digital asset investment products ended last week as a total of $29 million flowed into various products, with Bitcoin accounting for the lion’s share of gains.
While the finer details of the fund flows show a slight increase in assets under management , a look at the cumulative flows into the available exchange-traded products shows that the total AuM has remained relatively stable over the past year and a half.Breaking it down by asset, Bitcoin was the primary focus for investors as $24 million flowed into BTC products.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Altcoins-1, Bitcoin -0: Why traders are moving away from BTCAltcoin dominance by trading volume ripped to 78%, the highest in the last two years. In contrast, Bitcoin's volume plummeted to new depths.
Read more »
How Bitcoin’s shifting dynamics can affect BTCBitcoin’s distribution has outpaced accumulation. And if the circumstance persists, some long-position traders may be liquidated.
Read more »
Ethereum gains ground on Bitcoin as the bear market persistsAmid diverse trends, Ethereum shines while Bitcoin commands YTD gains. ETH's resurgence looks beckoning, bolstered by MVRV ratios and ascending utility.
Read more »
What to expect as Bitcoin volatility slumps over the weekendTraders can look for opportunities at either extreme of the nearly month-long range. However, a drop below $28.4k could be followed by further losses.
Read more »
Should Bitcoin investors consider stockpilingMicroStrategy has upped its purchase rate throughout this year, acquiring a total of 20,300 BTC. Will other investors follow suit?
Read more »
Miners cash out – Here’s what that says about BitcoinMarket participants are eagerly waiting for a bullish or bearish breakout for BTC. Interest shown by TradFi giants was responsible for the last big rally.
Read more »