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Crypto funds saw $862 million in inflows last week, sentiment remains in ‘Extreme Greed’
Globally listed crypto funds saw a bounce back in sentiment and inflows last week as the assets under management for all products combined increased by $862 million, almost fully recovering the prior week’s record outflows of $931 million. “While this recovery is encouraging, ETF activity is slowing down, with daily trading turnover now at US$5.4bn, down 36% relative to its peak 3 weeks ago,” said James Butterfill, head of research at CoinShares. “Although this remains well above the US$347m 2023 average,” it implies that initial market hype is cooling, he added. chart The U.S. continued to dominate from ... (full story)
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From @DBNewswire|Apr 2, 2024|2 commentspost: Fed’s Daly: No Urgency to Adjust the Rate post: Fed’s Daly: We Need to See How Long to Leave Rates Where They Are Fed’s Daly: Inflation’s Coming Down, Bumpy and Slow post: Fed's Daly: There's A 'Real Risk' Of Cutting Rates Too Soon - Economy Is Improving, There Is A Path Where Interest Rates Start To Adjust This Year, Just Not There Yet - If We Lock Inflation In At This Level, That's A 'Toxic Tax' - We Want To Fully Bring Inflation Back To 2% - 3… post:
FED'S DALY: 3 RATE CUTS THIS YEAR IS A REASONABLE BASELINE.
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From sec.gov|Apr 2, 2024Let me start by reminding you that my views are my own as a Commissioner and not necessarily those of the Securities and Exchange Commission (“SEC”) or my fellow Commissioners. It ...
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- Posted: Apr 2, 2024 2:16pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 339
