investment products
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Galaxy Digital Collaborates with DWS to Develop Trading Platform
On April 26th, Galaxy Digital, a financial services company specializing in cryptocurrencies, announced that it will collaborate with DWS to develop a trading platform trading prod
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Cryptocurrency investors withdraw record amounts as market uncertainty continues
It is reported that according to the CoinShares report, the net outflow of digital asset investment products last week was 254.5 million US dollars, hitting a record high in a single week. Among them, the net outflow of Bitcoin investment products was $243.5 million, the net outflow of Ethereum investment products was $11 million, and the net outflow of investment products short of Bitcoin was $1.2 million. Last week, the net outflow of digital asset investment products reached a new high of US $250 million Analysis based on this information:The cryptocurrency market saw its biggest weekly net outflow of investment products, with $254.5 million being withdrawn last week, according to a CoinShares report. This increase in outflow signals growing investor uncertainty in cryptocurrencies in general, and in Bitcoin in particular, as the net outflow of Bitcoin investment products soared to $243.5 million –its highest level since March 2020. Ethereum investment products also suffered a net outflow of $11 million, whereas…