Inflows into Bitcoin investment products reach $1.5B year-to-date
Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares.
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Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares.
Crypto exchange-traded products saw $326 million in inflows during the week ending October 27, according to a report from CoinShares.
Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares.
Komainu is increasing its presence in the U.K. after agreeing with authorities to store crypto seized during local investigations in 2021.
But Solana was the only other major asset to show inflows for the week.
CoinShares, a provider of crypto exchange-traded products in Europe, is optimistic about spot Bitcoin ETFs in the United States.
CoinShares’ subsidiary and broker-dealer registered with the U.S. FINRA will be conducting marketing activities for the new hedge fund division in the United States.
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued.
Solana has seen steady inflows over the last nine weeks, even as other crypto investment products have faced outflows over a similar period.
Komainu attained the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022.