Digital asset investment products saw $812m in outflows last week, though YTD inflows remain robust at $39.6bn, close to last year’s record, according to the lates Digital Assets Fund Flows Weekly Report from CoinShares.
The US led outflows with $1bn, while Switzerland (+US$126.8m), Canada (+US$58.6m), and Germany (+US$35.5m) inflows suggested negative sentiment was isolated to the US.
Bitcoin (-$719m) and Ethereum (-$409m) faced pressure, while Solana (+$291m) attracted strong inflows ahead of anticipated US ETF launches.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More
