Ethereum

Bitcoin ETF

Bitcoin

Read

<div class="cryptonews">
 <p class="is-style-lead">According to an Oct. 30 report from Coinshares, the leading European alternative asset manager, digital asset investment products saw inflows of US $326 million.</p>
 <p>Bitcoin made up 90 percent of these inflows at $296 million.</p>
 <h2 class="wp-block-heading" id="ongoing-investor-caution">Ongoing investor caution</h2>
 <p>The <a rel="noopener noreferrer nofollow" title="report" href="https://thebittimes.com/tag/report.html">report</a>&nbsp;goes on to highlight that month-to-date <a rel="noopener noreferrer nofollow" title="inflows" href="https://thebittimes.com/tag/inflows.html">inflows</a> for Bitcoin are now approaching half a billion dollars, in what is a positive trend in response to the SEC being close to approving a spot-based Bitcoin ETF in the country.</p>
 <p>Despite this being the largest inflow since July, the asset manager highlights it is actually only the 21st largest on record, indicating some investor caution, though the possibility of a spot-based ETF in the near future could mark a significant regulatory shift for the industry.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Crypto operator CoinShares launches U.S. hedge fund division
 </div>
 <p>Breaking it down by region, 12 percent of the <a rel="noopener noreferrer nofollow" title="flows" href="https://thebittimes.com/tag/flows.html">flows</a>, or $38 million, came from the US, while the <a rel="noopener noreferrer nofollow" title="largest" href="https://thebittimes.com/tag/largest.html">largest</a> <a rel="noopener noreferrer nofollow" title="inflows" href="https://thebittimes.com/tag/inflows.html">inflows</a> came from Canada, Germany and Switzerland at $134 million, $82 million and $50 million, respectively.</p>
 <p>While many altcoins saw inflows in response to Bitcoin optimism, it is worth noting that Ethereum saw the opposite response, instead reporting $6 million in outflows.</p>
 <h2 class="wp-block-heading" id="a-wave-of-revised-applications">A wave of revised applications</h2>
 <p>Positive inflows come at the same time VanEck shares the news of its amended Bitcoin ETF application to the SEC, joining Bitwise Asset Management, ARK Invest and 21Shares, all of whom have now made&nbsp;refinements.</p>
 <figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
  <div class="wp-block-embed__wrapper">
   <div class="rll-youtube-player" data-src="https://www.youtube.com/embed/QDqCn-fb29o" data-id="QDqCn-fb29o" data-query="feature=oembed"></div>
   <noscript><iframe title="What a spot bitcoin ETF could mean for the future of crypto" width="1020" height="574" src="https://www.youtube.com/embed/QDqCn-fb29o?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
   </noscript>
  </div>
 </figure>
 <p>At the time of writing, market participants remain hopefully for a resolution, which is expected in the coming weeks.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Ethereum is the ‘least-loved digital asset’ this year, CoinShares report shows
 </div>
 <p></p> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coinshares-reports-largest-inflows-in-since-july-2022-tbt68368.html">https://thebittimes.com/coinshares-reports-largest-inflows-in-since-july-2022-tbt68368.html</a></p>

Coinshares reports largest inflows in since July 2022

목차

TheBitTimes

2023년 10월 30일에 게재된 다른 기사

Crypto Rally Pre-Fed Meeting; $45-50K for Bitcoin Ahead?

Bitget announces initial listing of Memecoin (MEMECOIN) in the Innovation Zone and Meme Zone

CME Achieves an All-Time High Market Share of 25% in Bitcoin Futures

Four Major Countries Decided to Collaborate on Asset Tokenization!

Shiba Inu (SHIB) World Shaken by Possibility of Removing a Zero from SHIB’s Price

Chain Link Token’s Last Week Price Surged 61%: What's up?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!