CoinShares | ForkLog

ForkLog 5 29.01.2024

GBTC Sales Drive Cryptocurrency Product Outflows to $0.5 Billion

From January 20 to 26, outflows from cryptocurrency investment products reached $499.7 million, up from $20.8 million the previous week, according to a report by CoinShares. Data: CoinShares. Experts estimate that Grayscale Investments recorded outflows of $2.23 billion from GBTC and other products over the week, totaling $5.1 billion since the approval of digital gold-based […]

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ForkLog 6 24.01.2024

CoinShares Analysts Predict Bitcoin Surge to $58,700

Approval of a spot Bitcoin ETF and the anticipated easing of the Fed’s monetary policy in the first half of 2024 will drive the price of digital gold to approximately $58,700, according to CoinShares analysts in their annual report. The experts presented a matrix showing the correlation between inflows as a percentage of AUM for […]

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ForkLog 8 22.01.2024

Cryptocurrency Products Experience First Fund Outflow of the Year

From January 13 to 19, cryptocurrency investment products saw an outflow of $20.8 million, following a near-record inflow of $1.19 billion the previous week, according to a report by CoinShares. Data: CoinShares. Trading volumes decreased from a historic high of $17.5 billion to $11.8 billion, a figure nearly six times the 2023 average (~$2 billion). […]

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ForkLog 8 15.01.2024

Crypto Fund Investments Near Record High Amid ETF Launch

Inflows into cryptocurrency investment products from January 6 to 12 rose to $1.19 billion, approaching the historical peak of $1.5 billion during the launch of futures ETFs in October 2021, according to a report by CoinShares. Data: CoinShares. Trading volumes reached an all-time high of $17.5 billion. For comparison, in 2022, the average figure was […]

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ForkLog 7 15.01.2024

CoinShares Evaluates Bitcoin Miners’ Prospects Post-Halving

According to CoinShares, only public miners such as Bitfarms, Iris, CleanSpark, TeraWulf, and Cormint will remain profitable after the halving if Bitcoin’s price does not exceed $40,000. Want to understand the impact of the halving on Bitcoin Miners revenues and how bitcoin mining can reduce global CO2 emissions? Please do read our 2024 mining reporthttps://t.co/0gJBTMB4yq […]

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ForkLog 7 12.01.2024

CoinShares to Acquire Control of Valkyrie Funds’ Bitcoin ETF

Cryptocurrency ETP provider CoinShares has exercised an option to acquire competitor Valkyrie Funds, part of the Valkyrie Investments group. The agreement was set to expire on March 31, 2024. Financial terms have not been disclosed. The deal is pending the completion of legal due diligence, the signing of necessary agreements, and final approval by the […]

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ForkLog 8 08.01.2024

Crypto ETF Providers Begin 2024 on a Positive Note

From January 1 to January 5, inflows into cryptocurrency investment products amounted to $151 million, according to a report by CoinShares. Throughout 2023, the total reached $2.23 billion. Data: CoinShares. Investors allocated $112.6 million to bitcoin-related instruments. Inflows over the past nine weeks equate to 3.2% of AUM. After three weeks of outflows, structures allowing […]

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ForkLog 8 05.01.2024

Cryptocurrency Fund Inflows Reach $2.2 Billion in 2023

Throughout the past year, inflows into cryptocurrency investment products totaled $2.2 billion, marking a 2.7-fold increase compared to 2022, according to a report by CoinShares. “Most of the recovery occurred in the last quarter, as it became increasingly evident that the SEC was preparing for the launch of spot Bitcoin ETFs in the United States,” […]

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ForkLog 8 25.12.2023

Crypto funds post $103m inflow over the week

Outflows from crypto investment products, recorded last week, quickly turned into inflows.

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ForkLog 7 18.12.2023

Crypto funds faced $16 million outflow

An 11-week run of inflows into cryptocurrency investment products was followed by an outflow, with $16 million withdrawn from crypto funds between December 9 and 15.

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ForkLog 9 11.12.2023

Net inflows into crypto funds extended for the 11th consecutive week

Net inflows into cryptocurrency investment products for 2–8 December totaled $42.8 million, according to CoinShares.

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ForkLog 15 05.12.2023

Crypto fund inflows over ten weeks reach $1.76 billion

Inflow into cryptocurrency investment products from November 25 to December 1 totaled $176.3 million, according to CoinShares.

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