Managers bought $21 million worth of digital asset investment products last week, according to CoinShares. On a market-cap adjusted basis, Ether remains the most popular investment. Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year, possibly marking a local top in…
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Inflows into Grayscale products continue to surge, according to CoinShares data. Bitcoin remains the preferred asset for institutional investors. Inflows into cryptocurrency investment products topped $57 billion last week, marking a new all-time high and underscoring the rapid adoption of digital assets underway among institutions. In its weekly inflows report, digital asset manager CoinShares, said…
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Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Sustainable crypto mining firm MintGreen has completed its seed investment round, with top digital asset manager CoinShares leading the round. A portion of the funds will likely be used to support two pilot projects intended to showcase how MintGreen’s proprietary technology can…
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CoinShares has reported “evidence of potential profit taking” among institutional investors, as weekly crypto fund inflows drop 97% in less than one month. Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan. 11 Digital Asset…
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Crypto funds have posted near-record inflows during recent weeks as the gold investment products shed liquidity. A new report from market data aggregator CoinShares has revealed recent surging crypto inflows amid record gold outflows. The report, published Dec. 7, notes that gold investment products have seen record outflows of $9.2 billion over the past four…
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There could now be a career-risk for a portfolio manager to not have Bitcoin in their portfolio — the CoinShares chairman talks Bitcoin sentiment on CNBC CoinShares chair and former JP Morgan commodity trader Danny Masters told CNBC that the financial landscape has changed to the point where not having exposure to Bitcoin could be…
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There was a time when Bitcoin seemed to be directly influenced by the daily news cycle. Blockchain headlines have been awash with negative news tidbits lately. KuCoin suffered a major hack on Sept. 26; two United States regulatory bodies went after BitMEX on Oct. 1; the United Kingdom’s Financial Conduct Authority, or FCA, banned crypto derivatives…
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A new report on Japanese crypto regulation, an institutional crypto custody service, and more headlined news from Japan this past week. This week’s headlines from Japan included research company Xangle releasing a report on Japanese crypto regulation, Binance supporting Japan’s language but not its residents, SBI Holdings turning gift certificates digital with blockchain, and Nomura…
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