“Inflows of funds into cryptocurrency investment funds from September 15 to 21 amounted to $321 million after $436 million a week earlier. Such data was provided in CoinShares. Source: CoinShares. Analysts linked the continuation of positive dynamics with the reduction of the Fed’s interest rate by 50 bps. p. ETP trading turnover increased by 9%, to $9.5 billion. The volume of assets under management increased by a similar amount, to $85.8 billion. Ethereum funds continued to be dominated by negative sentiment — the rate of outflow of funds increased from $19 million […]”, — write: businessua.com.ua
Inflows of funds into cryptocurrency investment funds from September 15 to 21 amounted to $321 million after $436 million a week earlier. Such data was provided in CoinShares.
Source: CoinShares.
Analysts associated the continuation of positive dynamics with the reduction of the interest rate Fed for 50 b. p.
Trade turnover ETP increased by 9% to $9.5 billion.
The volume of assets under management increased by a similar amount, to $85.8 billion.
Ethereum funds continued to be dominated by negative sentiment — the rate of outflow increased from $19 million to $28.5 million. Withdrawals were recorded for the fifth week in a row.
Clients poured $284 million into bitcoin-related instruments, after $436 million.
Investors added $5.1 million to structures that enable shorting digital gold (in the previous reporting period, they took $8.5 million).
Solana-based products received $3.2 million (previously $3.8 million). The positive streak continued for the fifth week in a row.
Source: CoinShares.
We will remind, September 20 SEC approved the listing and trading of options on BTC-ETF by BlackRock. Bloomberg stock analyst Eric Balchunas suggested that options will soon be approved for other companies’ instruments as well.
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