Sophisticated investors appear to be spreading their risk across the crypto sector, with multi-asset products beating out BTC and ETH by inflows.
Institutional investors are yet to regain confidence in the crypto markets, with weekly crypto investment product volume dropping to its lowest level since October 2020. According to CoinShares’ July 12 Digital Asset Fund Flows Weekly report, $1.58 billion worth of digital asset products changed hands between July 5 and July 9.Crypto investment products also saw outflows of $4 million for the week, with roughly $7 million exiting Bitcoin (BTC)-tracking products. However, European Bitcoin products saw inflows overall, suggesting some investors believe the worst of 2021’s bear market may be behind us.Ethereum (ETH) products also saw minor inflows of $800,000 for the week.Capital flows for institutional crypto products: CoinSharesCoinShares’ latest data suggests institutional i
B Strategy to Launch $1 Billion U.S.-Listed BNB Treasury Company with YZi Labs’ Support
[[{„value”:” B Strategy, a leading investment firm focused on digital assets, announced a landmark initiative to launch a…
