Digital asset investment products saw outflows for the first time in four weeks lats week totalling $528m amid growing fears of a US recession, ongoing geopolitical concerns and a broader asset sell-off, according to CoinShares.
The company's latest Digital Assets Fund Flows Weekly Report shows that bitcoin saw outflows totalling $400m, the first following five weeks of inflows.
Ether, meanwhile, saw outflows totalling $146m, bringing the net outflows since the ETF launch in the US to $430m.
Taula Capital down 9.4% as volatile rates market hits macro hedge funds
Taula Capital Management, the hedge fund firm founded by former Millennium portfolio manager Diego Megia, has suffered a 9.4% decline this…
More
TT International shrinks as assets and revenue continue to decline
TT International Asset Management, the London hedge fund group founded by Tim Tacchi and owned by Japan’s Sumitomo Mitsui Banking Corp, has…
More
Davidson Kempner joins UK risk transfer to support Oxbury Bank lending
Hedge fund Davidson Kempner Capital Management is partnering with the UK government to provide capital relief to agricultural lender Oxbury…
More
