By Marco Piccolo Despite underperforming gold in terms of year-to-date price performance, Bitcoin is attracting stronger institutional investment flows, signaling a long-term vote of confidence in the digital asset’s prospects. Lifted by geopolitical tensions, inflationary concerns, and global economic uncertainties, the price of gold has rallied nearly 29% this year, while Bitcoin has managed a […]
Tag: YTD
By Emir Abyazov Brokerage firm Cantor Fitzgerald is planning an investment plan to invest the equivalent of $3 billion in Bitcoin. The initiative will be implemented in conjunction with SoftBank, Tether, and Bitfinex. The company is currently led by Chairman and CEO Brandon Lutnick, the son of former executive Howard Lutnick, who previously stepped down […]
By Chayanika Deka Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund […]