# Institutional selling of crypto reaches longest streak since Feb 2018

# Institutional selling of crypto reaches longest streak since Feb 2018

“# Institutional selling of crypto reaches longest streak since Feb 2018 ” 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…

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# Ethereum investment products see largest weekly outflows on record — CoinShares

# Ethereum investment products see largest weekly outflows on record — CoinShares

“# Ethereum investment products see largest weekly outflows on record — CoinShares ” 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…

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# Record 1M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

# Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares

“# Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares ” 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…

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# CoinShares lists physically-backed crypto ETPs on German exchange

# CoinShares lists physically-backed crypto ETPs on German exchange

“# CoinShares lists physically-backed crypto ETPs on German exchange ” 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…

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# Institutions dump BTC as volume soars for Ether funds

# Institutions dump BTC as volume soars for Ether funds

“# Institutions dump BTC as volume soars for Ether funds ” CoinShares’ weekly Digital Asset Fund Flows report has revealed last week saw the largest Bitcoin 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,…

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# Institutional managers hold a record .9B worth of Ethereum

# Institutional managers hold a record $13.9B worth of Ethereum

“# Institutional managers hold a record $13.9B worth of Ethereum ” Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares. Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform….

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# Ether options open interest grows 80-fold amid rising institutional appetite

# Ether options open interest grows 80-fold amid rising institutional appetite

“# Ether options open interest grows 80-fold amid rising institutional appetite ” The massive growth of Ethereum’s futures and options arena is reportedly pointing towards significant institutional involvement in the second-largest cryptocurrency by market capitalization. According to a recent report by crypto investment advisory firm Two Prime Digital Assets, the 80-fold growth in Ether (ETH)…

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# Bitcoin ETF from 3iQ and Coinshares goes live in Canada

# Bitcoin ETF from 3iQ and Coinshares goes live in Canada

“# Bitcoin ETF from 3iQ and Coinshares goes live in Canada ” Canada-based investment fund manager 3iQ’s Bitcoin exchange-traded fund created in partnership with Coinshares is now available for trading. In an announcement from 3iQ today, trading for the 3iQ Coinshares Bitcoin exchange-traded fund, or ETF, began on the Toronto Stock Exchange today. The fund’s…

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# CoinShares launches physically-backed Litecoin ETP

# CoinShares launches physically-backed Litecoin ETP

“# CoinShares launches physically-backed Litecoin ETP ” European digital asset manager CoinShares continues to actively expand its physically-backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP. According to an April 6 announcement, CoinShares has launched its CoinShares Physical Litecoin. Listed under the ticker symbol LITE, each unit of the Litecoin ETP is backed…

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