US ETFs’ Assets Exceed $10T
The total assets of exchange-traded funds (ETFs) in the United States surpassed $10 trillion for the first time on Friday.
The total assets of exchange-traded funds (ETFs) in the United States surpassed $10 trillion for the first time on Friday.
On Monday, US spot Ethereum exchange-traded funds saw a net outflow of $79.21 million, the largest daily outflow since July 29.
Last week, crypto products had $321 million in inflows, with the exception of Ethereum (ETH) funds which saw negative net flows of $28.5 million.
According to Andrew Vranjes, Head of International and VP at Blockdaemon, regulators in Hong Kong are expected to approve the inclusion of staking features in spot Ethereum exchange-traded funds (ETFs) this year.
There was a significant increase in net inflows for the 12 spot Bitcoin ETFs on September 17.
Based on the latest report from CoinShares, last week saw a $436 million increase in investment in digital assets through various products.
On Wednesday, the U.S. saw a significant decrease in net inflows for Bitcoin exchange-traded funds (ETFs), with a total of $43.97 million in outflows. This broke a two-day streak of positive inflows.
"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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