According to CoinShares, digital asset investment products experienced net outflows of $206 million last week. Global ETP trading volumes also decreased, dropping to $18 billion from $21 billion the previous week. However, total BTC trading activity continued to increase. Short-Bitcoin funds experienced around $300,000 in outflows.
Similarly, blockchain equities saw outflows amounting to $9 million, marking the 11th consecutive week of diminished confidence among crypto investors.
According to data from CryptoQuant, the negative rate traders pay to open new long positions in the perpetual futures market indicates a decrease in Bitcoin […]
Other altcoins are also trading positively, with BNB (BNB) up 4.9%, Dogecoin (DOGE) 4.5%, and Cardano (ADA) 3%. The outage that occurred followed a software […]
CoinShares reported $126 million in outflows from digital asset investment products. Short BTC investors injected $1.7 million in products to bet on lower prices. Despite […]