Global crypto funds managed by leading asset managers, including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, have rebounded impressively, adding a net inflow of $321 million last week, as reported by CoinShares.
Read MoreGlobal crypto funds managed by leading asset managers, including BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, have rebounded impressively, adding a net inflow of $321 million last week, as reported by CoinShares.
Read MoreIn a notable turnaround, daily fund flows into United States-listed spot Ethereum exchange-traded funds (ETFs) have shifted to a net positive for the first time since their launch. This shift marks a significant departure from recent trends that saw substantial outflows totaling $547 million over the past four days.
Read MoreBlackRock and Fidelity's Bitcoin exchange-traded funds (ETFs) have contributed significantly to their overall ETF inflows this year, constituting 26% and 56% of their respective year-to-date inflows.
Read MoreOn May 16, there was a notable increase in inflows for the US spot Bitcoin ETF, reaching $257 million. This surge can be attributed to the rising optimism and enthusiasm surrounding Bitcoin ETFs.
Read MoreFor the first time ever, Grayscale Investments has seen net positive inflows for the Grayscale Bitcoin Trust (GBTC).
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