Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to […]
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive […]
After an unprecedented 80-week streak of inflows, XRP faced a sharp reversal with outflows totaling $37.2 million – the highest on record. This drop came despite a strong performance from broader digital asset investment products, which attracted $3.3 billion in inflows last week. According to CoinShares, the inflows brought the six-week inflow streak to a […]
Last week, digital asset investment products experienced $240 million in outflows, likely triggered by recent US trade tariff developments that could jeopardize economic growth. However, total assets under management remained steady at $132.6 billion, reflecting a slight 0.8% increase. CoinShares stated that this stability is impressive when compared to other asset classes, such as MSCI […]
Last week, digital asset investment products attracted $226 million in inflows. CoinShares stated that the figures indicated a cautiously optimistic investor sentiment. After experiencing the largest outflows on record, ETPs have now seen nine consecutive days of inflows, with the exception of Friday, which saw a small outflow of $74 million. This was likely in […]
One of the world’s largest asset managers, Franklin Templeton, is planning to launch an ETF that will track the spot price of the Ripple cross-border payment token XRP. The firm made a preliminary prospectus filing for the product with the Securities and Exchange Commission on March 11. The filing is the latest in a slew […]
South Korean crypto exchange Upbit has emerged as the leading force in the Ripple market. It holds double the amount of XRP as Binance and accounts for more than 14% of its global trading volume. The shift could be a reflection of the cryptocurrency’s growing prominence among investors in the Asian country. Upbit’s XRP Share […]
There has been growing uncertainty and frustration among cryptocurrency traders following Bitcoin’s steep 10% drop within 24 hours. The sudden decline sparked widespread panic and anger across crypto-focused social media channels and has prompted concerns about a potential repeat of the 2022 bear market, according to Santiment’s latest insight. However, optimism briefly resurfaced over the […]
Investors pulled $508 million from digital asset investment products last week, pushing two-week outflows to $924 million. This reversal comes after an 18-week period of inflows totaling $29 billion. CoinShares attributed the decline to market caution following the US Presidential inauguration, with concerns over trade tariffs, inflation, and monetary policies unsettling investors. The period also […]
On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However, the network recovered on its own […]