BlackRock’s IBIT sets record $1.1 billion in daily inflows
IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin native Xapo Bank, said to CoinJournal that Bitcoin’s new record indicates a “broader shift in institutional confidence” seen by BlackRock’s record net inflows The 12 spot Bitcoin ETFs recorded a daily total net […]
Crypto investment products see first inflows in over a month
Digital assets investment products saw $130 million in inflows, the first after four weeks of outflows. Bitcoin remains above $62k and saw inflows of $144 million this past week. As Bitcoin shows fresh resilience above $62,000, latest market data reveals that digital asset investment products recorded inflows for the first time in over a month […]
Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value
Bitcoin ETF inflows surge, threatening gold’s dominance. Divergence in fund flows: Bitcoin gains, gold loses. Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset. In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store-of-value asset, challenging its traditional counterpart, gold. Recent data reveals a substantial surge in spot […]
Inflows into crypto products surpass $1B year-to-date
Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have surpassed $1 billion. Inflows into digital asset investment products hit $293 million last week, the seventh consecutive week of positive flows. According to data from […]
Short-Bitcoin funds saw $10M in inflows last week
CoinShares data shows crypto investment products recorded minor outflows of $2 million. But Bitcoin saw a third straight week of outflows totaling $12 million. Short-bitcoin funds saw inflows of $10 million amid negative sentiment driven by US economic data. Digital asset investment products recorded yet another week outflows this past week as macro data continued […]
Inflows into Bitcoin products surged by $116 million last week
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 million of the total. Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Bitcoin saw the most […]
Inflows into Bitcoin products surged by $116 last week
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 of the total. Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Bitcoin saw the most fund […]
Ripple (XRP/USD) witnessing increased institutional inflows
XRP accumulation intensified in the first week of the year Investors bank on Ripple’s win against the SEC XRP has gained stability above $0.31, and the price could surge from here If you have been following Ripple (XRP/USD), you already know its case with the SEC continues to be important. Investors have priced XRP depending on […]