Latest News

Cathie Wood’s Asset Plunge Is Biggest Among ETF Issuers in 2022



Cryptoverse: The early birds betting bitcoin’s bottoming out

Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last month, with a weekly average inflow of $66.5 million, a reversal from a dismal April when they saw a weekly average outflow of $49.6 million, according to data provider CryptoCompare. “It’s largely institutional, and to a degree retail investors, recognizing that the pain is already endured, and we’re closer to the bottom than we are to the top,” said Ben McMillan, chief investment officer of Arizona-based IDX Digital Assets.

If You Invested $1,000 In VICI Properties 3 Years Ago, Here’s How Much You’d be Making in Dividends Now

Previous article

Jim Cramer Says Buy Any Dip in Oil Stocks; Here Are 3 Names Analysts Like

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News