Digital asset investment products saw a fifth consecutive week of outflows last week, totalling $1.7bn, and bringing the total outflows over this negative run to $6.4bn, according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw a further $978m outflows, bringing total outflows over the last five weeks to $5.4bn.
Binance meanwhile, saw almost all its AuM wiped out by a seed investor exit, leaving the firm with just $15m in assets under management.
Norway’s $2.3tn sovereign wealth fund loses $30bn amid global bond selloff
Norway’s $2.3tn sovereign wealth fund, the world’s largest, recorded a $30bn investment loss in the third quarter as rising interest rates…
More
Arini's YTD losses exceed 21% as distressed bets deteriorate
London-based credit hedge fund Arini Capital Management has suffered further losses in October, taking its flagship strategy's decline for…
More
Chinese quant fund Lingjun attracts $300m in overseas capital
Chinese quantitative hedge fund Lingjun Investment has secured more than $300m from international investors as it resumes fundraising…
More
