Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week. Institutional investors are continuing to pile into Bitcoin despite prices pushing up to a five-month high. According to CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, more than $226 million in capital flowed to institutional…
Read more
Institutional crypto appetites have shifted away from altcoin back to Bitcoin, with BTC investment products leading the inflows for digital asset products for the second week in a row. Institutional investors are pivoting back to digital gold with Bitcoin (BTC) investment products posting a third consecutive week of inflows. According to CoinShares’ latest Digital Asset…
Read more
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month. Cryptocurrency assets held by institutional managers rose for a fifth consecutive week, a sign that market participants had once again flipped bullish on Bitcoin (BTC) and the leading altcoins. Investment flows into crypto products totaled $42…
Read more
Institutions were betting big on Solana investment products last week, with SOL-tracking products attracting 86.6% of institutional inflows to digital asset products last week. Institutional traders have flocked to Solana (SOL) as demand for Ether (ETH) and Bitcoin (BTC) exposure has flattened, with SOL investment products representing a whopping 86.6% of total weekly inflows crypto…
Read more
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products. Institutional demand for altcoin exposure has surged to record levels, with the altcoin market share now representing a record 35% of capital locked in crypto investment products. According to CoinShares’ Sept.…
Read more
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens. Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall…
Read more
Weekly inflows into Ethereum investment products continue to grow, according to the latest CoinShares report. Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares. Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources…
Read more
The fund’s units began trading roughly three weeks after the investment manager filed a final prospectus with Canadian regulators. Canada-based investment fund manager 3iQ’s Bitcoin exchange-traded fund created in partnership with Coinshares is now available for trading. In an announcement from 3iQ today, trading for the 3iQ Coinshares Bitcoin exchange-traded fund, or ETF, began on…
Read more
Assets under management for institutional funds have hit a record high of $59 billion. According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows. As reported in the April 6 CoinShares Fund Flows Weekly bulletin, Q1 of this year hit a new record…
Read more
Major European digital asset investment firm CoinShares has launched its third physically-backed ETP in 2021. European digital asset manager CoinShares continues to actively expand its physically-backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP. According to an April 6 announcement, CoinShares has launched its CoinShares Physical Litecoin. Listed under the ticker symbol LITE,…
Read more
