The latest insights into digital asset investment products (DAIP) and their weekly numbers highlight a troubling trend. Needless to say, such a trend is bound to come to the attention of investors too. The report, published by CoinShares, found that last week marked the third consecutive one with diminishing inflows into these investment products. With […]
The latest insights into digital asset investment products and their weekly numbers highlight a troubling trend. Needless to say, such a trend is bound to come to the attention of investors too., published by CoinShares, found that last week marked the third consecutive one with diminishing inflows into these investment products.
Popular Bitcoin ETP provider 21Shares made a dent in the inflows contributed by other providers. It had a recorded outflow of $3.6 million, CoinShares found. With more than $18 billion in assets under management, the United States registered a relatively modest inflow figure of $7.7 million. “Looking back, the Merge was not good for sentiment with outflows totaling US$65m in September. Increased regulatory scrutiny and a strong US Dollar being the likely culprits as the shift to Proof of Stake was executed successfully.”
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