Ethereum ETF launch drives $2.2B inflows CoinShares
CoinShares reports that spot-based Ether ETFs debut with a significant $2.2 billion of inflows, offset by Grayscales $285 million in net outflows.
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CoinShares reports that spot-based Ether ETFs debut with a significant $2.2 billion of inflows, offset by Grayscales $285 million in net outflows.
CoinShares reports an unprecedented inflow into digital asset investment products, signaling growing investor confidence and positive market sentiment.
CoinShares believes the turnaround is due to weaker than expected macro data in the U.S.
The mining of Bitcoins has become much more expensive this year. CoinShares’ latest report shows that, according to Q2 data, the cost of mining one Bitcoin for the major listed miners is $49,500 on average, which is $2,300 more than in Q1, when it was $47,200 on average. Cash expenses only come to $85,900, while […]
The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24% of the total $31.3 billion inflows year-to-date.
Digital asset investment products saw outflows for the second consecutive week as investors are feeling cautious about the market following the failure of Bitcoin (BTC) [...]
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