Bitcoin sees record outflows as Ethereum bucks trend

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto investment products witnessed the largest outflows in its history as $423 million was withdrawn from the space in the week of June 20, according to CoinShares’ weekly report. Most outflows happened on June 17 and are likely responsible for the…

Crypto AuM at lowest point as investors buy the Bitcoin dip

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto investment products saw $39 million in outflows during the week of June 13, bringing the value of assets under management (AuM) in the industry to $36 billion — its lowest point since February 2021, CoinShares reported. According to the report,…

Report: Crypto sees record investment despite bearish market

CoinShares’ latest report has revealed that investment into crypto products scored a record inflow of $274 million last week as crypto investors looked to take advantage of the market-wide crash that resulted in the market cap of the industry dropping below the $1.5 trillion mark. Investors flock Bitcoin According to the report, the primary beneficiary…

Report: Interest in altcoins rises as Ethereum outflows continue

The latest weekly digital assets fund flow report from Coinshares has revealed a drastic reduction in the weekly investment outflows in the crypto space.  According to the report, the weekly outflows dropped to $7.2 million, and the total outflows in the last three weeks amounted to around $219 million. Interest in Bitcoin and Ethereum investments…