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Digital Asset Investment Products Attract $646M, Pushing YTD Inflows to Record $13.8B
8.4.2024
A total of $646 million poured into crypto products last week, pushing the year-to-date inflows to an unprecedented $13.8 billion and surpassing the previous year's total of $10.6 billion.
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Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal
28.3.2024
The initiative is aimed at combating fraud and will kick in at the start of next year
Bitcoin ETFs Gain Momentum in Asia Post U.S. Approval
23.1.2024
As the first Bitcoin spot price exchange-traded funds receive historic approval in the United States, Asian industry leaders, particularly in Hong Kong, are actively exploring similar crypto products. BitGo’s APAC Director Abel Seow told Cryptonews that they are witnessing an increased interest...
Bitcoin Price Prediction: Surge to $42,800 Spurs Interest in US Crypto Products and Halving Predictions
16.1.2024
In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs. Enthusiasm is mounting...
JPMorgan Sees Significant Capital From Existing Crypto Products Pouring Into New Spot Bitcoin ETFs
15.1.2024
The newly created ETFs could attract inflows of up to $36 billion from other crypto products like Grayscale Bitcoin Trust (GBTC), the report said
Crypto Products for European Investors Experiencing ETF FOMO
12.1.2024
Source: AdobeStock / Craig European crypto enthusiasts are on the sidelines watching as the U.S. Securities and Exchange Commission (SEC) approved eleven spot bitcoin exchange-traded funds experiencing FOMO (fear of missing out) – it’s worth noting there are already plenty of products...
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
Report: South African Financial Institutions Will Soon Offer Services Related to Cryptocurrencies
13.12.2023
About 73 applicants who are seeking a license to offer crypto products in South Africa are already registered as accountable institutions with the Financial Intelligence Centre, an executive at the crypto exchange Luno has said. According to the Luno executive, this may be an indication that...
Trading Volumes of Crypto Assets Under Management Averaged $481 Million Daily in November: Report
6.12.2023
Source: Pixabay / Michael Wuensch The digital asset market has recorded massive bullish activity in recent weeks with the prices of most cryptocurrencies soaring to positions not seen in over 18 months. Aside from asset prices, decentralized finance (DeFi) activities are also high in terms...
Institutional Funds to Ethereum Products Flips Green as Asset Trades Above $2,200
5.12.2023
Source: Pexels The bullish drive of institutional investors in recent weeks can be seen across several market metrics as digital assets soar to levels not recorded in months. Ethereum (ETH) traded sideways for most of the year before soaring above $2,000 following the recent market uptick which...
Australia Introduces Capital Gains Tax For Wrapped Tokens
14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...
Blackrock Outlines Why SEC ‘Must’ Approve Spot Ethereum ETFs
14.11.2023
The world’s largest asset manager, Blackrock, has outlined why the U.S. Securities and Exchange Commission (SEC) “must” approve spot Ethereum exchange-traded funds (ETFs). Nasdaq, which has filed with the SEC to list and trade shares of Blackrock’s spot ether...
Bitcoin Products Dominate 73.3% of Market Share as Crypto Assets Under Management Grows to $31.7 Billion
27.10.2023
Digital assets under management have soared by 6.74% to $31.7 billion after a string of positive developments amid wider market uncertainties. A new market report released by CCData shows growth in crypto-related products, key activities, and a review of trading volumes in the wake of plunging...
Crypto products see 4th week of inflows amid race for Bitcoin ETFs: CoinShares
24.10.2023
Bitcoin products took the largest share of inflows, netting 84% of incoming funds, according to CoinShares’ weekly fund flows report
Hong Kong Regulator Gives Green Light to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
Read More: Hong Kong Regulator Gives...
Hong Kong Regulator Gives Greenlight to Wider Retail Virtual Asset Investments With Applicable Safeguards
23.10.2023
Hong Kong’s financial regulators The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have released new guidelines on how intermediaries are to conduct virtual asset-related activities in light of new market developments....
Read More: Hong Kong Regulator Gives...
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products
23.10.2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail...
Digital Asset Products Notch Third Consecutive Weekly Inflow, Attract Over $15 Million
17.10.2023
Cryptocurrency products recorded inflows for the third consecutive week signaling improved sentiment from institutional investors after a shaky start to the year.
A new CoinShares report on Oct 16 tracking weekly flows into cryptocurrency investment products shows a win for the market, an uptick...
Crypto Products Record $78 Million Inflows, Marks Highest Point Since July: Report
9.10.2023
The digital asset market notches major growth as products see inflows totaling $78 million, its highest week since July.
A new CoinShares market report shows significant growth in the market this week following an increase in investor appetite for crypto products across several jurisdictions.
Per...
Binance Announces UK Domain Compliant With New Crypto Promotion Rules
7.10.2023
Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto marketing. Binance Marketing...