CoinShares, a European crypto ETP specialist, is expanding into actively managed digital asset products, including a hedge fund targeting US institutions. The company has gained recognition for its valuable industry research and operates a venture capital arm that accepts external investments, including contributions from US investors. The company's asset management arm, including assets held within its ETP products, amounted to approximately $3 billion.

According to Coinshares, digital assets investment products experienced outflows of $6.5 million this week, breaking a streak of four consecutive weeks of inflows totaling $742 million. The outflows coincide with the recent market downturn that saw Bitcoin's price drop to its lowest value since June 21.

According to a report by CoinShares, the digital asset market has experienced a third consecutive week of positive inflows, totaling $136 million and fully correcting the previous nine weeks of outflows. Bitcoin funds continue to dominate with 98% of the inflows coming from BTC, while Ether, multi-asset holdings, and a few altcoins make up the remaining 2%. Despite the positive news, trading turnover has slowed, possibly due to seasonal effects, and some investors are growing nervous over the lack of a clear trend and ongoing uncertainty surrounding the SEC's litigation against Binance and Coinbase.

July 4 (Cointime) - According to CoinShares, institutional investors have been primarily focused on Bitcoin over the past two weeks, with $310.6 million of inflows into Bitcoin-related products. This represents 98% of all digital asset flows, and is a reversal from the previous nine weeks of outflows.

June 26 (Cointime) - According to a report by CoinShares, there has been a surge in activity surrounding exchange-traded funds, resulting in the largest weekly inflow for digital asset investment products since July 2022. The inflows for the week of 19-23 June totalled $199 million, with Bitcoin representing 94% of overall inflows at $187 million.

June 23 (Cointime) - Turkey has the highest percentage of its population owning ETH, with most of the top-ranked countries being those with high inflation. CoinShares' research shows that only 14% of total ETH owners are from developed countries, while more than 75% of ETH nodes are concentrated in the developed world.

According to Coinshares data, digital asset investment products experienced outflows of $88 million last week, marking the eighth consecutive week of money leaving crypto funds. The total outflows over the past eight weeks now amount to $417 million, which coincides with a significant drop in cryptocurrency prices following a strong start to the year. Bitcoin and Ethereum saw the largest outflows, with Bitcoin experiencing outflows of $52 million last week and Ethereum experiencing the largest single week of outflows since last year.

Arbitrum has gained a significant market share due to the high demand for Ethereum rollups. According to CoinShares, Arbitrum is the top choice for capital flows away from Ethereum, with $4 billion in capital attracted as of May-end. Polygon follows closely with $3 billion, while Optimism and dYdX have attracted $983 million and $342 million, respectively. Despite a recent software bug causing network stress, Arbitrum has surpassed its rival protocols, with over seven million total addresses over time.

According to a report by CoinShares, digital asset investment products experienced a seventh consecutive week of net outflows, with a total of $329 million representing 1% of total assets under management. The majority of outflows were from Tron, while Bitcoin and Ethereum experienced minor outflows.

According to a report by Coinshares, investors withdrew $62 million from crypto funds last week, resulting in a seven-week drawdown of $329 million. The withdrawals were driven by investors cashing in on short positions after a 56% rise in cryptocurrency prices over the last year. The largest outflows were seen on the Tron blockchain, but CoinShares head of research suggests this may be due to a withdrawal of seed capital rather than anything ominous. Despite consecutive pullbacks, Coinbase announced the launch of institutional-sized Bitcoin and Ethereum tracked futures contracts for its institutional clients, indicating that investors are still showing an appetite for digital assets.