While the crypto market is on course to regain the $3 trillion market cap, institutional investors poured nearly $306 million in digital asset investment products in the last week. Year-to-date crypto inflows have reached a record high of $9.5 billion.
BTC investment products attracted the largest institutional inflows in 5 weeks totaling $247 million. With that, the global Bitcoin assets under management reached $48 billion. Further, the overall value of global crypto assets under management touched $72.8 billion last week.
Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term and Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Read this Term have seen strong price recovery in the last few days. BTC crossed the level of $58,700 yesterday while Ethereum touched $4,500. While Bitcoin took a major hit during the Asian session on Tuesday, Ethereum held on to the gains and stayed above $4,400.
“Digital asset investment products saw inflows totaling US$306m last week, bringing month-to-date inflows to US$787m and year-to-date inflows to a record US$9.5bn. Continued price pressures saw total assets under management (AuM) fall from US$75.4bn to US$72.8bn. Bitcoin saw the largest inflows in 5 weeks totaling US$247m following the launch of another investment product in Europe. This brings the 11-week run of inflows to US$2.7bn. Crypto asset Ethereum saw inflows totaling US$23m last week, marking its 5th consecutive week of inflows,” CoinShares mentioned in its latest digital asset fund flows report.
Multi-Asset Crypto Products
Apart from BTC and ETH, other crypto products, including Polkadot (DOT) and Solana (SOL) emerged as winners in the category of multi-asset products. DOT and SOL represented 8.6% (US$11.5m) and 5.9% (US$14.6m) of assets under management respectively last week. In total, multi-assets is the 3rd largest investment product with a total of $4.6 billion in assets under management.
Overall dominance of altcoins is increasing rapidly. Despite the reason that Bitcoin is still the largest crypto asset in the world, its dominance has decreased gradually in the last few months due to a surge in the market dominance of BNB, Solana and Polkadot.
While the crypto market is on course to regain the $3 trillion market cap, institutional investors poured nearly $306 million in digital asset investment products in the last week. Year-to-date crypto inflows have reached a record high of $9.5 billion.
BTC investment products attracted the largest institutional inflows in 5 weeks totaling $247 million. With that, the global Bitcoin assets under management reached $48 billion. Further, the overall value of global crypto assets under management touched $72.8 billion last week.
Bitcoin
Bitcoin
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that
Read this Term and Ethereum
Ethereum
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language,
Read this Term have seen strong price recovery in the last few days. BTC crossed the level of $58,700 yesterday while Ethereum touched $4,500. While Bitcoin took a major hit during the Asian session on Tuesday, Ethereum held on to the gains and stayed above $4,400.
“Digital asset investment products saw inflows totaling US$306m last week, bringing month-to-date inflows to US$787m and year-to-date inflows to a record US$9.5bn. Continued price pressures saw total assets under management (AuM) fall from US$75.4bn to US$72.8bn. Bitcoin saw the largest inflows in 5 weeks totaling US$247m following the launch of another investment product in Europe. This brings the 11-week run of inflows to US$2.7bn. Crypto asset Ethereum saw inflows totaling US$23m last week, marking its 5th consecutive week of inflows,” CoinShares mentioned in its latest digital asset fund flows report.
Multi-Asset Crypto Products
Apart from BTC and ETH, other crypto products, including Polkadot (DOT) and Solana (SOL) emerged as winners in the category of multi-asset products. DOT and SOL represented 8.6% (US$11.5m) and 5.9% (US$14.6m) of assets under management respectively last week. In total, multi-assets is the 3rd largest investment product with a total of $4.6 billion in assets under management.
Overall dominance of altcoins is increasing rapidly. Despite the reason that Bitcoin is still the largest crypto asset in the world, its dominance has decreased gradually in the last few months due to a surge in the market dominance of BNB, Solana and Polkadot.
