Analysis Today TheBitTimes.com

CoinShares has published its updated report on digital asset investments. Outflows from investment products in Germany and Canada continued. Spot Bitcoin ETFs contributed to further momentum in inflows. More than $1 billion flowed into the digital asset investment products, recording a substantial gain last week. Digital asset investment products received more than $1.1 billion in in flows last week, according to CoinShares’ latest report. The increase in in flows coincides with the launch of spot Bitcoin ETFs in the United States, grabbing attention. Notably, Grayscale reported a weekly loss of $414 million despite this huge outflow. On the other hand, BlackRock’s Bitcoin ETF stands out, with in flows exceeding $693 million. Source: CoinShares Spot Bitcoin ETFs launched on January 11th caused in flows as high as $2.8 billion. Last week, however, there was a slowed pace of out flows from Grayscale, despite ongoing out flows from Grayscale. ...

Crypto investment products saw an outflow of $500 million last week. Bitcoin saw the most outflows with $479 million, while Ethereum recorded $39 million in outflows. CoinShares’ weekly report shows most of the outflows were in the US, where Grayscale’s ETF witnessed over $2.2 billion in outflows. Digital asset investment products saw a significant spike in outflows lask week, according to digital assets investment firm CoinShares. CoinShares’s latest weekly report shows the crypto investment products market saw outflows totalling $500 million.. Bitcoin saw $479 million in outflows According to the asset manager, the global outflows from crypto investment products reached $409 million in the US, $60 million in Switzerland and $32 million in Germany – the three regions with the highest outflows for the week ending January 26. “ Bitcoin has understandably been the primary focus, seeing US$479m outflows , while short-bitcoin saw ...