Categories
Cryptocurrency

Global Cryptocurrency AUM Crosses $50 Billion Level

Last week, there were some tiny inflows in Ethereum investment products. The whole market valuation of digital currencies increased by nearly $500 billion in the last two weeks, indicating a significant increase in the cryptocurrency sector. The aggregate value of global cryptocurrency assets under management (AUM) surged fast as a result of the recent jump. […]

Categories
Cryptocurrency

CoinShares: Despite outflows from Bitcoin and Ethereum, multi-digital asset investments are seeing inflows

According to CoinShares, Europe’s largest digital asset fund manager, digital asset investment products suffered outflows for the third week in a row, this time totaling US$28 million. Bitcoin experienced the most withdrawals, but multi-digital asset investment products received inflows of US$3.1 million, putting them in the black. Fast facts:  According to CoinShares, bitcoin investment products […]