News with the tag "Digital Asset Fund Flows"

The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares’ Digital Asset Fund Flows Weekly Report, which reveals a historic inf...

Last week's inflows into digital asset products marked the highest recorded since July.

Institutional investors amassed cryptocurrencies worth $21 million last week as buying pressure trumped sell-offs in the market.

The average daily volume of digital asset investment products plunged to $175 million in September, the lowest level recorded in 2023.

Last week's minor inflows showed that the digital assets market remained plagued by bearish sentiments.

As the prices of leading coins remain trapped within narrow ranges, sentiment has grown poorer, leading to non-stop outflows from crypto funds.

As uncertainty lingers in the market, profit-taking activity has increased. This resulted in a surge in weekly outflows from digital asset investment products last week, with Bitcoin being the "primary focus."

Leading coins BTC and ETH logged inflows last week. Short BTC and Short ETH, on

The average daily aggregate volumes of digital asset investment products rebounded with a 6.77% jump to $223 million in June.

The sell-offs by investors were driven by macroeconomics with possibilities of interest rate hikes by the Fed keeping them on their toes.