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Crypto investment products record highest inflows since July: CoinShares

Crypto investment products record highest inflows since July: CoinShares

Inflows in cryptocurrency investment products reached US$78 million last week, the highest volume since July, according to crypto asset manager CoinShares. 

See related article: Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang

Fast Facts

  • Last week’s Ether futures exchange-traded fund (ETF) launches in the U.S. attracted a little under US$10 million of inflows in the first week, “highlighting tepid appetite,” CoinShares said in a report on Monday.
  • Trading volume for exchange-traded products also rose by 37% to US$1.13 billion last week.
  • Bitcoin took the lion’s share, with US$43 million, or 55% of the total US$78 million inflows from last week.
  • Solana saw its largest week of inflows since March 2022, totaling US$24 million. 
  • Meanwhile, the amount of funds raised by crypto firms dropped to a three-year low of US$2.1 billion in the third quarter of 2023, according to on-chain intelligence firm Messari.

See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court

Read the article at Forkast

Read More

Ethereum vs. Solana Debate Reignites as Core Developers Clash Over L1 Superiority

Ethereum vs. Solana Debate Reignites as Core Developers Clash Over L1 Superiority

In the cryptocurrency ecosystem, both Ethereum and Solana have garnered mass attentio...
Дебаты Ethereum и Solana разгораются с новой силой: разработчики ядра спорят о превосходстве L1

Дебаты Ethereum и Solana разгораются с новой силой: разработчики ядра спорят о превосходстве L1

В экосистеме криптовалют Ethereum и Solana привлекли массовое внимание по нескольким ...

Crypto investment products record highest inflows since July: CoinShares

Crypto investment products record highest inflows since July: CoinShares

Inflows in cryptocurrency investment products reached US$78 million last week, the highest volume since July, according to crypto asset manager CoinShares. 

See related article: Alameda had a US$65 bln line of credit, says FTX co-founder Gary Wang

Fast Facts

  • Last week’s Ether futures exchange-traded fund (ETF) launches in the U.S. attracted a little under US$10 million of inflows in the first week, “highlighting tepid appetite,” CoinShares said in a report on Monday.
  • Trading volume for exchange-traded products also rose by 37% to US$1.13 billion last week.
  • Bitcoin took the lion’s share, with US$43 million, or 55% of the total US$78 million inflows from last week.
  • Solana saw its largest week of inflows since March 2022, totaling US$24 million. 
  • Meanwhile, the amount of funds raised by crypto firms dropped to a three-year low of US$2.1 billion in the third quarter of 2023, according to on-chain intelligence firm Messari.

See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court

Read the article at Forkast

Read More

Ethereum vs. Solana Debate Reignites as Core Developers Clash Over L1 Superiority

Ethereum vs. Solana Debate Reignites as Core Developers Clash Over L1 Superiority

In the cryptocurrency ecosystem, both Ethereum and Solana have garnered mass attentio...
Дебаты Ethereum и Solana разгораются с новой силой: разработчики ядра спорят о превосходстве L1

Дебаты Ethereum и Solana разгораются с новой силой: разработчики ядра спорят о превосходстве L1

В экосистеме криптовалют Ethereum и Solana привлекли массовое внимание по нескольким ...