Institutions are continuing to sit on the sidelines of the Bitcoin markets, with BTC investment products volumes dropping to just 38% of its year-to year-to-date (YTD) average over the past week. According to CoinShares’ July 19 Digital Asset Fund Flow Weekly report, Bitcoin investment products generated roughly $3.9 billion worth of daily trade from July 12 to July 16, down substantially from 2021’s average of nearly $10 billion. However, the report’s authors do not conclude the decline in trade activity is cause for alarm, with CoinShares noting that Bitcoin has experienced “similar seasonal dips in volumes during the summer months …

Institutional investors are yet to regain confidence in the crypto markets, with weekly crypto investment product volume dropping to its lowest level since October 2020. According to CoinShares’ Monday "Digital Asset Fund Flows Weekly" report, $1.58 billion worth of digital asset products changed hands between July 5 and July 9. Crypto investment products also saw outflows of $4 million for the week, with roughly $7 million exiting Bitcoin (BTC)-tracking products. However, European Bitcoin products saw inflows overall, suggesting some investors believe the worst of 2021’s bear market may be behind us. Ethereum (ETH) products also saw minor inflows of $800,000 …

Following their longest streak of selling since February 2018, institutional managers became net buyers of digital asset funds last week, offering cautious optimism that the crypto market was turning a corner after a period of significant volatility. Inflows into digital asset funds devoted to Bitcoin (BTC), Ether (ETH) and others totaled $63 million in the week ended July 2, CoinShares said in its latest report. For the first time in nine weeks, inflows were registered across all individual digital assets with dedicated funds. Funds devoted to Bitcoin saw $38.9 million in weekly inflows, bringing the year-to-date total to $4.186 billion. …

European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of July, according to the announcement. Elwood, which is owned by billionaire hedge fund manager Alan Howard, is known for its partnership with Invesco to launch the Invesco Elwood Global Blockchain Equity UCITS ETF, or the Invesco Blockchain ETF in short. By providing exposure to internationally listed companies in the blockchain business, the index has amassed over $1 billion in assets since its inception in 2019. …

Ethereum investment products have experienced a record outflow of $50 million this past week, signaling bearish sentiment among institutional investors. According to the CoinShares' “Digital Asset Fund Flows Weekly” report, Ether products have now experienced outflows for three consecutive weeks, with $64.3 million leaving the sector since the week ending June 6. Despite the drawdowns, $943 million has flowed into Ether investment products since the start of 2021. The crypto investment product sector saw outflows overall for the fourth consecutive week, with $44 million exiting the sector over the past seven days. The report estimates that $313 million has been …

Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment products totaled $79 million last week, marking the third consecutive weekly decline and the longest stretch of drawdowns since February 2018. Outflows from Bitcon funds totaled $89 million, whereas Ethereum (ETH) products endured a $1.9 million decline. Year-to-date, Bitcoin investment products have generated over $4.1 billion in net inflows. Ether products, meanwhile, have accumulated $992 million since the start of 2021. Multi-asset investment products that hold a basket of cryptocurrencies …

Institutional investment managers continued to sell cryptocurrencies like Bitcoin (BTC) and Ether (ETH) last week, though the magnitude of the outflows have declined substantially from previous weeks, offering early signs that the worst of the market sell-off has subsided. CoinShares’ weekly fund flows report showed a $21.4 million drawdown over the previous seven days, compared with a $94 million outflow the previous week. Ether products registered their biggest weekly drawdown at $12.7 million. Funds dedicated to ETH had been outperforming Bitcoin in recent months, reflecting pent-up demand for the second-largest cryptocurrency. All said, institutional investors have been net sellers of …

The latest report from analytics firm CoinShares shows that outflows from institutional Bitcoin (BTC) investment products continue to surge. According to CoinShares’ Monday “Digital Asset Fund Flows Weekly” report, institutional investors are continuing to reduce Bitcoin exposure, with BTC investment products seeing a record outflow of $141 million this past week. The data follows heavy institutional selling amid May’s dramatic crypto market meltdown, with institutions having withdrawn nearly $100 million from crypto products between May 10 and May 16 before outflows briefly slowed toward the end of last month. Trade volume for BTC products is also sharply declining, with the …

European digital asset manager CoinShares is expanding the reach of its physically backed exchange-traded product (ETP) portfolio with a new listing in Germany. According to an announcement on Monday, CoinShares Physical Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) ETPs have cross-listed on major German exchange Deutsche Boerse Xetra. The digital asset manager started the year by launching a Bitcoin ETP named CoinShares Physical Bitcoin (BITC) in January. Listed on Switzerland’s SIX Swiss Exchange, each ETP is physically backed by 0.001 Bitcoin. Since then, the CoinShares Physical platform has launched Ether and Litecoin ETPs. CoinShares Physical Ether (ETHE) was backed with …

Institutional demand for Ethereum continues to surge, with Ether products now representing more than one quarter of the assets under management (AUM) of crypto investment products. According to CoinShares’ June 1 Digital Asset Fund Flows Weekly report, the past week saw significant institutional inflows of $74 million as investors sought to capitalize on the fall out from the recent crash in which many crypto assets lost more than 50% of their value. More than 63% of institutional inflows were injected into Ether products, or $46.8 million of the total. Ether products now represent 27% of the combined AUM for crypto …

Institutional inflows into Cardano (ADA) investment products rose sharply last week even as interest in Bitcoin (BTC) and Ether (ETH) waned, highlighting the growth of proof-of-stake assets amid the latest wave of environmental FUD in the markets. Institutional investment managers bought $10 million worth of ADA products for the week ending on Monday, according to CoinShares. Cardano investment funds attracted more capital than any other digital asset. By comparison, Bitcoin funds saw an outflow of $110.9 million during the same week; Ether outflows totaled $12.6 million. Investors poured $5.5 million into Polkadot funds and $7.1 million into multi-asset investment products, …

CoinShares’ weekly “Digital Asset Fund Flows” report has revealed last week saw the largest outflow of Bitcoin (BTC) in the report’s history as Elon Musk’s Twitter account again wreaked havoc in the crypto markets. The May 17 report notes $98 million exited Bitcoin investment products last week, equating to 0.2% of total assets under management. “While small, this marks the largest outflow we have recorded,” CoinShares noted. Amid the tumultuous market conditions for Bitcoin, institutional investors appear to have ramped up their accumulation of Ether (ETH) and other alternative cryptocurrencies, with the report identifying inflows to crypto asset investment products …