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Digital asset investment products experienced a third consecutive week of outflows totaling $30 million. Ethereum led outflows with $61 million, the worst YTD performance. Inflows were seen in multi-asset ($18 million) and Bitcoin ETPs ($10 million). Altcoins like SOL ($1.6 million) and LTC ($1.4 million) also gained. Grayscale had $153 million in outflows despite minor inflows for most providers.
Crypto markets rallied on Monday ahead of the anticipated approval of Ethereum ETFs. Bitcoin hits $63K, Ethereum is up 3%, and Solana jumps 4%. Meanwhile, CoinShares reported $30M in outflows last week for digital asset investment products. https://t.co/bx7TaU4evQ https://t.co/PZnasaZ3GV
Grayscale’s Solana Trust Continues to Trade at a High Premium After 2 Spot SOL ETF Filings by VanEck and 21Shares What does this say about confidence in the ETF approval? https://t.co/P7TES8AWWp
the best crypto exposure ETF the suits could make: 40% $ETH 40% $BTC 20% $COIN no brainer @vaneck_us @CathieDWood wen?
