Indeed, since the JPMorgan report was published on Wednesday, both silver and gold have pulled back from recent highs.
The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said.
Bitcoin was the primary focus, while investors saw Ethereum price weakness as a buying opportunity, Head of Research James Butterfill said.
Despite the crypto price plunge following Trump's China tariff threats, Friday saw a "paltry" $159 million in outflows, CoinShares said.
Global crypto investment products added another $3.7 billion to a net inflow streak that has now reached 13 consecutive weeks.
Year-to-date inflows now stand at $17.8 billion, on par with the same period in 2024, CoinShares Head of Research James Butterfill noted.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Year-to-date inflows have reached $7.5 billion — fully recovering from the February to March outflows amid the Trump tariff-fueled slump.
Crypto investment products added $882 million worth of net inflows for the fourth week in a row, according to asset manager CoinShares.
Digital assets are becoming an emerging safe haven amid concerns over the impact of U.S. tariffs, Head of Research James Butterfill said.
Sentiment toward the asset class remains mixed but is showing "signs of recovery," Head of Research James Butterfill said.
Net inflows were recorded every day last week — signaling a "decisive shift in sentiment," Head of Research James Butterfill said.
Global crypto investment products saw further net outflows of $1.7 billion last week, according to asset manager CoinShares.
A Bitcoin futures ETF offers investors exposure to Bitcoin’s price movements without directly owning the cryptocurrency.
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF.
Expectations that U.S. regulators will approve spot bitcoin ETFs next year are driving prices higher. History suggests we might see a slowdown as we approach the halving in April 2024, says Path Crypto's David Liang.