Today news
About the same in other media
Galaxy Digital exec compares crypto funds to ‘hedge-fund space in early 2000s’
Reading now: 381
ambcrypto.comThe year-to-date inflows are at a record high of US$8.9 billion as per CoinShares’ weekly fund flows until 5 November. The numbers have broken last year’s record of US$6.7 billion in inflows.
The report also noted that this marks the twelfth consecutive week of positive flows in digital investment products totaling US$174b just last week. With these record inflows, market cap of the crypto market is also currently above $3 trillion.
Thanks to this, Steve Kurz, the global head of asset management at Galaxy Digital is optimistic about the industry’s future. In a recent conversation with Bloomberg, he predicted,
“I expect that you will have a number of very large assets in crypto, in our large-cap index.”
However, he agreed that the valuations of
Read more on ambcrypto.comAbout this in other media
$3.3B Bitcoin mining company Griid to list on NYSE via SPAC deal cointelegraph.com /3 years ago
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News cryptonews.com /3 years ago
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
