Coinshares reported consecutive weekly outflows in digital asset investment products, totaling $ 30 million. Ethereum faced its worst year-to-date net flows with $ 61 million in outflows, while multi-asset and bitcoin ETPs saw inflows of $ 18 million and $ 10 million, respectively. Regional inflows occurred in the U.S., Brazil, and …
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $ 141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum Lead Sales Volume In the previous week, NFT sales …
Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds
The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $ 185 million, pushing the total for May to an impressive $ 2 billion. The latest Coinshares inflow report shows the influx has propelled year-to-date investments beyond the $ 15 billion threshold. Coinshares Tracks $ …
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% […]
Spot Bitcoin ETFs Record 5 Consecutive Day of Outflows; Analyst Declares Cool-Off ‘Totally Normal’
U.S. spot bitcoin exchange-traded funds (ETFs) have seen outflows for the fifth consecutive day since April 12, with a reduction totaling $ 4.3 million during Wednesday’s trading sessions. ETF Analyst’s Perspective: Recent Bitcoin ETF Outflows Within Expected Norms The newly launched spot bitcoin ETFs have been active on the stock market for 99 days, …