Digital asset investment products saw $3.75bn inflows last week, the fourth-largest weekly total on record, driving AuM to an all-time high of $244bn, according to a the latest Digital Assets Fund Flows Weekly Report from CoinShares.
Ether led with $2.87bn inflows (77% of total), pushing YTD inflows to a record $11bn, far surpassing bitcoin on a proportional basis.
Solana and XRP saw inflows of $176.5m and $125.9m, respectively. Conversely, litecoin and ton saw outflows of $0.4m and $1m, respectively.
$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
