Digital asset investment products saw a fifth consecutive week of outflows last week, totalling $1.7bn, and bringing the total outflows over this negative run to $6.4bn, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw a further $978m outflows, bringing total outflows over the last five weeks to $5.4bn.
Binance meanwhile, saw almost all its AuM wiped out by a seed investor exit, leaving the firm with just $15m in assets under management.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
