Institutional Investors Increase XRP and ADA Holdings, Dump Ethereum
CoinShares, the UK-based digital asset fund manager, recently published the results of its bi-monthly fund manager survey. According to CoinShares’ survey, institutional crypto investors enhanced t...
Original source
Read on Finance MagnatesRelated market context
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
BlackRock investors seek to redeem 13% of private-credit fund shares in Q2
Investor confidence in private credit funds is waning, prompting potential liquidity challenges and calls for greater transparency...
Investors pull 13% from BlackRock private credit fund in Q1
Investor redemption pressures in private credit funds may trigger broader market liquidity issues, impacting risk assets like cryp...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails
TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations....
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...