Category: CoinShares
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$2.2 Billion Flows into Ethereum ETFs in the Past Week, Coinshares Reveals
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Ethereum exchange-traded funds (ETFs), which debuted in the United States last week, have created a buzz in the cryptocurrency market with large inflows into the products. According to a recent study a report According to CoinShares, the emergence of these spot ETFs has attracted $2.2 billion, marking a pivotal moment…
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Buy the Bitcoin Dip? Investors Seize Opportunity and Drive $441M Inflows: CoinShares
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The recent price weakness caused by Mt. Gox and selling pressure from the German government is likely to be seen as a buying opportunity, as evidenced by the $441 million inflow into cryptocurrency investment products over the past week. During the same period, ETPs recorded a low volume of $7.9…