Ethereum

Bitcoin

Coin

<ul class="news-points">
 <li>Digital asset outflows reached $30 million in three weeks.</li>
 <li>Bitcoin and multi-asset investments see positive inflows despite overall market caution.</li>
 <li>The U.S. leads regional inflows, while Germany, Canada, Hong Kong, and Switzerland experience substantial outflows.</li>
</ul>
Digital asset investment funds have experienced $30 million in outflows over the past three weeks, with Ethereum facing its largest withdrawals since 2022, <a href="https://blog.coinshares.com/volume-189-digital-asset-fund-flows-weekly-report-5265d50f2769" target="_blank" rel="noopener noreferrer nofollow">according to recent data</a>.
Earlier in the week, most Exchange-Traded Funds (ETF) investment vehicles posted minor outflows, contrasting with previous performances. iShares ETFs recorded a positive inflow of $84 million, with a month-to-date (MTD) total of $1.1 billion. Fidelity ETFs also reported inflows of $13 million, adding to their year-to-date (YTD) total of $9.2 billion.
However, these positive inflows were offset by Grayscale Investments’ significant outflow of $153 million during the same period. Meanwhile, trading volume rose by 43% compared to the previous week, although this figure remains below the $14.2 billion weekly average for 2024.
Bitcoin remained the most popular asset in the cryptocurrency market, attracting $10 million in…
The post <a href="https://coinedition.com/bitcoin-vs-ethereum-institutional-investors-diverge-as-digital-asset-funds-see-outflows/" rel="noopener noreferrer nofollow">Bitcoin vs. Ethereum: Institutional Investors Diverge as Digital Asset Funds See Outflows</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin vs. Ethereum: Institutional Investors Diverge as Digital Asset Funds See Outflows

Coin Edition

Andere artikelen gepubliceerd op 1 jul 2024

Crypto Market Surges While Immutable (IMX) and Injective (INJ) Stall, KangaMoon (KANG) Prepares T...

Securing Kim with Hypernative

Warden Protocol Unveils Genesis Campaign Dashboard to Boost Community Engagement

Circle EU EMI License Ushers In New Era For 450M Customers

Sealana and Cosmos Investors Shift Focus To MoonBag, The Top Crypto Presale in 2024, Promising Su...

Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!