Digital asset investment products saw a third consecutive week of inflows last week, totalling $1.2bn, probably as a reaction to continued expectations of dovish monetary policy in the US, according to the latest data from CoinShares.
The approval of options for certain US-based investment products likely boosted sentiment, according to CoinShares, although trading volumes have not seen a commensurate rise.
Ethereum meanwhile, broke its five 5-week negative spell, with inflows of $87m, the first measurable inflows since early-August.
Balyasny hires former Citadel data strategies chief as senior quant researcher
Balyasny Asset Management has hired the former head of Citadel's data strategies group, adding senior alternative-data expertise as hedge…
More
Kite Lake to launch diversified credit fund led by former Tyrus partner
Kite Lake Capital Management is preparing to launch a new hedge fund focused on global credit and convertible arbitrage, adding to a…
More
Segantii insider trading trial heads towards conclusion in Hong Kong
The insider trading trial involving Segantii Capital Management founder Simon Sadler is approaching its conclusion in Hong Kong, with…
More