Digital asset investment products saw inflows totalling USD42 million last week, according to the latest Digital Asset Fund Flows weekly report from CoinShares.
Inflows were seen across all digital assets and signals what we believe to be continued improving sentiment amongst investors.
Bitcoin saw inflows of USD15 million, having suffered the most from negative investor sentiment recently with inflows in only three of the last 16 weeks.
Solana, despite recovering from a network outage caused by a DDoS attack, saw inflows of USD4.8 million. This suggests investors were happy to shrug-off the attack, seeing it as teething problems rather than something more inherently problematic with the network.
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