Digital asset investment products saw a relatively muted inflows last week totalling some $245m, although flows were mixed across different digital assets, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin saw further healthy inflows of $519m, bringing month-to-date total to $3.6bn.
The launch of the US spot-based ether ETFs saw some of the largest inflows since December 2020, with newly issued ETFs seeing $2.2bn inflows. Incumbent outflows offset this with overall net outflows of $285m.
Hedge fund shorts REA Group, betting on deeper Australian housing downturn
Australian hedge fund Bristlemoon Capital has taken a short position in REA Group, betting that a downturn in the country’s housing market…
More
Goldman Sachs upgrades equities and government bonds amid rising yields
Goldman Sachs has upgraded its outlook for equities and 10-year government bonds, citing improving return prospects for sovereign debt…
More
Mayer Brown appoints former CFTC senior counsel Danielle Abada as partner
Global law firm Mayer Brown has appointed Danielle Abada, a former senior official at the US Commodity Futures Trading Commission (CFTC),…
More