Cryptocurrency Funds Experience Continued Outflows, Losing $54 Million in a Week
In another weekly review, CoinShares reported that $54 million in assets were withdrawn from cryptocurrency investment products for institutional investors between May 8 and 12. Note that this is the fourth week in a row that cryptocurrency funds have fallen in capitaliza ...
Chinese Government-backed CPIC Investment Management Launches Two Cryptocurrency Funds
CPIC Investment Management, a China Pacific Insurance Company (CPIC) subsidiary that is government-backed, has announced the launch of two new cryptocurrency funds. These funds will be focused on investing in blockchain technology, as well as digital asset staking. The launch of these funds wi ...