Crypto Fund Outflows Ease to $187M as Record Volume Hints at Sentiment Shift
Digital asset investment products saw a marked slowdown in outflows last week, which totalled $187 million.
Digital asset investment products saw a marked slowdown in outflows last week, which totalled $187 million.
The cryptocurrency staking landscape is consolidating with the reported acquisition of Chorus One by Bitwise Asset Management.
Ripple has received a final Electronic Money Institution license from Luxembourg’s financial regulator, the company confirmed Monday.
A total of $370.3 million in cryptocurrency was lost to exploits and scams in January.
Close to 40% of merchants in the US now accept cryptocurrency at checkout, a trend fueled by increasing consumer curiosity.
Outflows from digital asset investment products surged to a 15-month high last week, with US$1.73 billion exiting the market.
Reports from Nikkei Asia indicate Japan will clear its first set of cryptocurrency exchange-traded funds around 2028.

"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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