CoinShares

(CoinShares)
Crypto Fund Outflows Hit Record Weekly Level
The outflows rose for a fifth consecutive week, according to a CoinShares report.
(CoinShares)

(Unsplash, modified by CoinDesk)
Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attesta...
(Unsplash, modified by CoinDesk)

CoinShares CEO Jean-Marie Mognetti (CoinShares)
CoinShares Sees 2022 Income Plunge 97% to $3.6M
CoinShares said it had GBP 26 million of its assets on FTX at the time the exchange halted withdrawals.
CoinShares CEO Jean-Marie Mognetti (CoinShares)

Bitcoin-related funds accounted for $116 million worth of the $117 million in inflows (CoinShares)
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
Bitcoin dominated this week's inflows, accounting for almost all of the $117 million coming in.
Bitcoin-related funds accounted for $116 million worth of the $117 million in inflows (CoinShares)

Inflows Into Short Bitcoin Products Rose Alongside Rally: CoinShares
Inflows Into Short Bitcoin Products Rose Alongside Rally: CoinShares
Crypto funds saw a total of $37 million in inflows last week, with well over half going into "short" investment products, or those designed to profit from price declines. Acco...
Inflows Into Short Bitcoin Products Rose Alongside Rally: CoinShares

Digital asset investment products saw $37 million of inflows last week (CoinShares)
Inflows Into Short Bitcoin Products Picked Up Alongside Rally: CoinShares
Short-bitcoin investment products added a net $25.5 million last week.
Digital asset investment products saw $37 million of inflows last week (CoinShares)

MakerDAO Founder on Community Rejecting CoinShares’ Proposal
MakerDAO Founder on Community Rejecting CoinShares’ Proposal
MakerDAO founder Rune Christensen joins "First Mover" to discuss why the MakerDAO community rejected CoinShares' proposal to use up to $500 million in stablecoin USDC to inves...
MakerDAO Founder on Community Rejecting CoinShares’ Proposal

MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds
The MakerDAO community rejected a proposal to use up to $500 million in stablecoin USDC to invest in bonds with crypto investment firm CoinShares. MakerDAO founder Rune Christ...
MakerDAO Community Rejects CoinShares Proposal to Invest up to $500M in Bonds

Bitcoin Holding Above $16K Amid BlockFi Bankruptcy
Bitcoin Holding Above $16K Amid BlockFi Bankruptcy
Crypto lender BlockFi filed for Chapter 11 bankruptcy protection and crypto funds saw the biggest outflows in 12 weeks, according to CoinShares. TheoTrade co-founder Don Kaufm...
Bitcoin Holding Above $16K Amid BlockFi Bankruptcy

Crypto funds had the biggest week of outflows in three months. (CoinShares)
Buy the Dip, Sell the Bounce: Crypto Funds Have Biggest Outflows in 12 Weeks
Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.
Crypto funds had the biggest week of outflows in three months. (CoinShares)