CoinShares | ForkLog

ForkLog 6 24.06.2024

Investors Withdraw $584 Million from Crypto Funds

Between June 15 and June 21, outflows from cryptocurrency investment products totaled $584 million, amounting to $1.18 billion over the past two weeks, according to calculations by CoinShares. Analysts attributed the continued negative trend to persistent pessimism regarding the Federal Reserve’s interest rate trajectory following its latest meeting. Data: CoinShares. The total volume of assets […]

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ForkLog 7 17.06.2024

Investors Withdraw $621 Million from Bitcoin Products Following Federal Reserve Shock

The outflow from cryptocurrency investment products between June 8 and June 14 amounted to $600 million, including $621 million from bitcoin-based products, according to calculations by CoinShares. These figures were the highest since March 2024, equivalent to a third of the inflows from the previous week. Data: CoinShares. The total volume of assets under management […]

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ForkLog 7 14.06.2024

Swiss Regulator Declares FlowBank, Linked to CoinShares, Bankrupt

The Swiss Financial Market Supervisory Authority (FINMA) has initiated bankruptcy proceedings against the local online bank FlowBank. #FINMA eröffnet Konkurs über die FlowBank SA: https://t.co/DGxN8mzde5Informationen zum Konkursverfahren stellt die FINMA auf ihrer Webseite zur Verfügung: https://t.co/S00N1ASeVo pic.twitter.com/NkCOi88mB3 — Eidgenössische Finanzmarktaufsicht FINMA (@FINMA_media) June 13, 2024 “This measure became necessary because the bank no longer has […]

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ForkLog 8 10.06.2024

Investors Inject $2 Billion into Bitcoin Products

From June 1 to June 7, cryptocurrency investment products saw an inflow of $2.04 billion, with Bitcoin-based products accounting for $1.973 billion, according to calculations by CoinShares. In both cases, the weekly figures matched the totals for the entire previous month. Data: CoinShares. Analysts attributed the accelerated pace to expectations of a monetary policy easing […]

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ForkLog 3 03.06.2024

Cryptocurrency Inflows Reach $2 Billion in May

Inflows into cryptocurrency investment products amounted to $185 million from May 25 to 31, with a total of nearly $2 billion for the entire month, according to calculations by CoinShares. This positive trend has continued for the fourth consecutive week. Year-to-date inflows have exceeded $15 billion. Data: CoinShares. Trading volumes for ETP fell from $13 […]

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ForkLog 7 28.05.2024

Investors Pour Over $1 Billion into Crypto Products in a Week

From May 18 to 24, inflows into cryptocurrency investment products reached $1.05 billion, marking a positive trend for the third consecutive week. This is according to a report by CoinShares. Data: CoinShares. Since the beginning of the year, inflows have totaled $14.9 billion. The weekly trading volume of ETP increased by 28% to $13.6 billion. […]

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ForkLog 9 20.05.2024

Crypto Funds Attract $932 Million Following US Inflation Report

Inflows into cryptocurrency investment products from May 11 to May 17 amounted to $932 million, according to calculations by CoinShares. Data: CoinShares. Analysts noted that the inflow was an “immediate response” to the US inflation data, with the last three trading days of the week accounting for 89% of the total flows. Clients directed $942 […]

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ForkLog 5 13.05.2024

Renewed Interest in Crypto Funds After Four Weeks of Outflows

Inflows into cryptocurrency investment products amounted to $130 million from May 4 to May 10, according to calculations by CoinShares. Data: CoinShares. Trading volumes for ETP fell from an April average of $17 billion to $8 billion. The share of crypto products in the total turnover of digital assets on reputable platforms dropped from 31% […]

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ForkLog 9 07.05.2024

Hong Kong ETF Launch Eases Outflow from US Crypto Funds

From April 27 to May 3, outflows from cryptocurrency investment products amounted to $251 million. This negative trend continued for the fourth consecutive week, according to CoinShares. Data: CoinShares. The negative result could have been even higher if not for the inflows into exchange-traded products launched on April 30 in Hong Kong ($307 million). Analysts […]

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ForkLog 8 29.04.2024

Bitcoin ETF Interest Wanes, Fueling Crypto Fund Outflows

Outflows from cryptocurrency investment products amounted to $435 million from April 20 to 26. This negative trend continued for the third consecutive week, according to CoinShares. Data: CoinShares. While withdrawals from Grayscale’s GBTC are slowing down [a nine-week low of $440 million], we observe a weakening in inflows to “new” ETFs — inflows amounted to […]

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ForkLog 7 15.04.2024

Ethereum Funds Experience Fifth Consecutive Week of Outflows

Cryptocurrency investment products saw an outflow of $126 million from April 6 to April 12, including $28.7 million from Ethereum funds, according to analysts at CoinShares. In the previous two weeks, there was a combined inflow of $646 million and $862 million. Experts attributed the trend reversal to “market participants’ uncertainty” amid a pause in […]

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ForkLog 8 10.04.2024

VanEck and CoinShares CEOs Doubt Imminent Approval of Ethereum ETF

Executives from companies that have received approval from the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF are pessimistic about the emergence of an Ethereum-based instrument, reports CNBC. VanEck CEO Jan van Eck anticipates that the agency will deny the launch of the product in May, when the first deadline for a […]

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