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.
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
