Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Digital asset investment funds had net outflows for the first time in six weeks last week, totaling $30 million, according to a report by CoinShares.
Outflows began on April 14, coinciding with bitcoin (BTC) reaching $30,000 for the first time in almost a year – suggesting the most recent sell-off was a result of profit-taking, CoinShares said.
The total for bitcoin outflows was $53 million last week after a four-week run of inflows.
Ether (ETH) had inflows of $17 million, suggesting investor confidence following the Shanghai network upgrade, according to the report.
Edited by Sheldon Reback.
DISCLOSURE
Please note that our
privacy policy,
terms of use,
cookies,
and
do not sell my personal information
has been updated
.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
strict set of editorial policies.
CoinDesk is an independent operating subsidiary of
Digital Currency Group,
which invests in
cryptocurrencies
and blockchain
startups.
As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
stock appreciation rights,
which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG
.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Digital asset investment funds had net outflows for the first time in six weeks last week, totaling $30 million, according to a report by CoinShares.
Outflows began on April 14, coinciding with bitcoin (BTC) reaching $30,000 for the first time in almost a year – suggesting the most recent sell-off was a result of profit-taking, CoinShares said.
The total for bitcoin outflows was $53 million last week after a four-week run of inflows.
Ether (ETH) had inflows of $17 million, suggesting investor confidence following the Shanghai network upgrade, according to the report.
Edited by Sheldon Reback.
DISCLOSURE
Please note that our
privacy policy,
terms of use,
cookies,
and
do not sell my personal information
has been updated
.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
strict set of editorial policies.
CoinDesk is an independent operating subsidiary of
Digital Currency Group,
which invests in
cryptocurrencies
and blockchain
startups.
As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
stock appreciation rights,
which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG
.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.