By Chayanika Deka Investor appetite for digital asset funds remains muted after $288 million in weekly outflows. This is the fifth week in a row of redemptions, which propelled aggregate withdrawals to $4 billion, still trailing the $6 billion logged last year. Market participation has thinned significantly, as ETP trading slid to $17 billion, the […]
Tag: Brazil
By Chayanika Deka Investors withdrew $187 million from digital asset products last week, but the pace of outflows has slowed significantly. Historically, these changes reveal crucial inflection points in investor sentiment. CoinShares stated that the deceleration suggests that panic selling may be subsiding, which may imply that the market could be stabilizing and that a […]
By Emir Abyazov Key highlights: Tether holds more than 140 tons of gold, valued at roughly $23 billion. XAUt market capitalization exceeds $4 billion, dominating gold-backed stablecoins. Tether buys 1-2 tons of gold weekly to strengthen its stablecoin ecosystem. Tether is rapidly emerging as one of the largest private holders of gold in the world, […]