Digital asset investment products saw a reversal last week, breaking a five-week streak of outflows, with inflows totalling $644m, according to the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Bitcoin led the recovery, attracting $724m in inflows and ending a five-week outflow streak that had totalled $5.4bn.
Ether meanwhile, faced the heaviest outflows, with $86m exiting the asset, while solana recorded $6.4m in inflows, with polygon and chainlink seeing more modest gains.
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
