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Crypto fund outflows reach nearly half a billion over 9 weeks — CoinShares

Outflows from crypto exchange-traded products (ETPs) reached $455 million over the previous nine weeks, according to a report from asset manager CoinShares. Outflows from ETPs generally indicate negative sentiment towards cryptocurrencies.Let’s analyse the latest dynamics in digital asset investment products. Here is our #FundFlows with @jbutterfill. Last week, outflows totalled

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SpaceX’s Bitcoin dump triggers chain reaction, liquidations surpass $1 billion

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrency markets were jolted by SpaceX’s unexpected decision to divest its considerable Bitcoin holdings, leaving experts and enthusiasts alike questioning the rationale behind this move. As Bitcoin’s price plunged below $26,000 following the sale, a domino effect

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