Goldman Sachs updated its estimate for net inflows into digital assets year-to-date (YTD), revising the figure down from $12 billion to $8 billion. This significant adjustment comes after a reassessment of various contributing factors over the past month. The initial $12 billion estimate as of June 12 was based onContinue Reading
Exchange-traded funds had a strong June, according to Citi Research, as the space was able to pull in net new money on the month. The brokerage compiled the following statistics for the month of June: cross asset funds attracted $75.7B, domestic equity funds amassed a total of $41.2B, global/international equityContinue Reading
Nastassia Samal The world’s largest exchange-traded fund by AUM, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), witnessed a net inflow of $16.7B in the final week of June. 3 out of 4 weeks in June saw an outflow. Overall, the SPY fund (SPY) wrapped up an outflow of $9.6B forContinue Reading
U.Today – Many analysts are focusing on the bearish slump on the market as has failed to breach the $62,000 resistance level in recent times. However, a number of market whales are capitalizing on the market drawdown to stack up on the digital currency. At the time of writing, theContinue Reading
