MENU

Coins

Exchanges

Bitcoin (BTC)
$ 72,084.86 2,580.96 (% 3.71)
Ethereum (ETH)
$ 4,038.91 133.93 (% 3.43)
XRP (XRP)
$ 0.727106 0.113616 (% 18.52)
Binance Coin (BNB)
$ 519.52 -11.81 (% -2.22)
Tether (USDT)
$ 1.00 0 (% -0.12)
Litecoin (LTC)
$ 105.01 16.80 (% 19.04)
Cardano (ADA)
$ 0.774866 0.057416 (% 8.00)
Bitcoin Cash (BCH)
$ 443.57 17.63 (% 4.14)
Ethereum Classic (ETC)
$ 37.783474 1.333105 (% 3.66)
Stellar (XLM)
$ 0.15958 0.01918 (% 13.66)
Cosmos (ATOM)
$ 13.68 0.54 (% 4.14)
EOS (EOS)
$ 1.24 0.09 (% 8.19)
TRON
$ 0.133004 -0.001235 (% -0.92)
Tezos (XTZ)
$ 1.508825 0.086660 (% 6.09)
NEO (NEO)
$ 18.02 1.05 (% 6.18)
Dash (DASH)
$ 43.44 3.21 (% 7.99)
Holo (HOLO)
$ 0.003539 0.000008 (% 0.23)
Basic Attention Token (BAT)
$ 0.218578 -0.000524 (% -0.24)

Crypto funds see 6th consecutive week of inflows led by Bitcoin: CoinShares data

Cryptocurrency investment products saw inflows of US$95 million last week, with total inflows over the past six weeks of US$320 million, according to digital assets fund manager CoinShares.

Crypto funds see 6th consecutive week of inflows led by Bitcoin: CoinShares data

“The continued inflows suggest the recent headwinds for digital assets, such as the widened China ban, were seen as buying opportunities for investors,” wrote CoinShares investment strategist James Butterfill.


Bitcoin led with inflows of US$50 million — the largest among the cryptocurrency investment products tracked, despite experiencing negative investor sentiment over the past two quarters.

Ethereum followed Bitcoin with inflows of US$29 million last week. “Sentiment has remained relatively buoyant for Ethereum as the amount staked to Eth2.0 progresses,” Butterfill wrote. “By our estimates, 6.6% of Ethereum is staked to Eth2.0, with growth in staking essential for investor sentiment, as investors see it as a potential environmentally alternative to other proof-of-stake digital assets.”


Other altcoins Solana, Cardano and Polkadot also saw small inflows of US$3.9 million, US$2.6 million and US$2.4 million respectively. Solana and Polkadot continue to see “outsized inflows” representing 4.5% and 3.2% of assets under management (AUM), Butterfill wrote.

 

Source:forkast.news