Global crypto investment products: $500M outflows, Bitcoin drops 12% post-SEC ETF approval. GBTC faces substantial outflows; spot BTC ETFs see $1.8B inflows. Evolving market dynamics.
EdmundCrypto exchange-traded products (ETPs) attracted their highest weekly inflows in more than a year, totaling $326 million, as investors increasingly opt for ETPs to gain exposure to major cryptocurrencies without direct ownership.
JixuThe admission in Germany represents Virtune's first expansion outside the Swedish market.
OthersAmidst preparations for the Ethereum Merge, ETC Group made a shocking announcement on Wednesday.
BitcoinistDespite the downturn in the cryptocurrency market this year, Swiss cryptocurrency ETP firm 21Shares has seen record inflows of new cryptocurrencies year-to-date.
CointelegraphThe new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC.
CointelegraphThe Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market.
CointelegraphDue to regulatory policies, its ETPs are only currently trading on European exchanges.
CointelegraphThe BTCO2 and ETH2O ETPs seek to expose investors to the world's two most valuable cryptocurrencies while offsetting their carbon footprints.
CointelegraphLaunched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch.
Cointelegraph