Despite $812M Weekly Setback, Crypto Fund Inflows Still on Pace for Record Year
A weekly outflow of $812 million from crypto investment products has grabbed headlines, but the long-term narrative remains overwhelmingly positive.
A weekly outflow of $812 million from crypto investment products has grabbed headlines, but the long-term narrative remains overwhelmingly positive.
Poland is getting tough on crypto.
Binance is making a play to become the foundational infrastructure for traditional finance’s foray into digital assets.
Kraken is the latest crypto firm to ride the current IPO wave, with plans for a pre-IPO funding round that could value it at $20 billion.
Spot Ethereum ETFs faced a historic exodus last week, recording their largest weekly outflow since launching.
The journey for spot Solana ETFs appears to be mirroring the successful path of their Ethereum counterparts.
The race to launch multi-crypto ETFs has officially begun, with Hashdex making the first move by adding XRP and Solana to its existing fund.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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