Today news
About the same in other media
Galaxy Digital exec compares crypto funds to ‘hedge-fund space in early 2000s’
Reading now: 224
ambcrypto.comThe year-to-date inflows are at a record high of US$8.9 billion as per CoinShares’ weekly fund flows until 5 November. The numbers have broken last year’s record of US$6.7 billion in inflows.
The report also noted that this marks the twelfth consecutive week of positive flows in digital investment products totaling US$174b just last week. With these record inflows, market cap of the crypto market is also currently above $3 trillion.
Thanks to this, Steve Kurz, the global head of asset management at Galaxy Digital is optimistic about the industry’s future. In a recent conversation with Bloomberg, he predicted,
“I expect that you will have a number of very large assets in crypto, in our large-cap index.”
However, he agreed that the valuations of
Read more on ambcrypto.comAbout this in other media
Digital dollar needs broad consensus among authorities, says US Treasury Secretary cointelegraph.com /3 years ago
House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets cointelegraph.com /3 years ago
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair cointelegraph.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
