Crypto Funds Pull in $1.2B as Bitcoin Rally Revives Institutional Demand
Carl Nash
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3 min read
Digital asset funds posted $117.8 million in inflows, continuing a five-week streak, though this was the smallest weekly gain in that period. The overall number indicated a late recovery. Earlier in the week, from Monday through Thursday, the market saw $619 million in outflows over four consecutive days. A sharp reversal came on Friday, as…
One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13 billion six years ago. It aims to compete on lower costs. Morgan Stanley Joins Crypto Trading Space The bank plans to charge 50 basis points per transaction based on…
The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows AI agents to use and pay for API services using stablecoins on Solana. The two built the payment gateway service to solve a common problem in software development, where even advanced AI systems still need human intervention to create accounts,…
Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April 24. CoinShares stated that the increase is likely tied to improving sentiment around the CLARITY Act, as Senators Thom Tillis and Angela Alsobrooks released the final compromise text related to stablecoin…
Last week, digital asset investment products experienced $1.07 billion in outflows, according to CoinShares, making it the first negative week after seven straight weeks of gains. It was also the third-largest weekly outflow seen in 2026. Bitcoin saw the majority of the selling pressure as investors shifted toward a broader risk-off approach amid renewed geopolitical…
SOL fell 33% in the first quarter of 2026 to close at around $83, but Messari’s Q1 State of Solana report tells a story that’s harder to dismiss than the price chart would suggest. While dollar-denominated numbers dropped across the board, the network set new records for daily transaction volume, grew its real-world asset market…
South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called CatFi, following allegations that the token was used in a coordinated rugpull scheme after attracting investor funds. The Seoul Southern District Prosecutors’ Office confirmed in its Wednesday statement that five individuals are now facing charges in…
Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin funds so far in 2026, surpassing both the previous week’s record and the peak level of outflows seen in January. The heavy selling significantly reduced Bitcoin’s year-to-date inflows, which fell to $1.2 billion…
Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market, beginning with crypto’s struggle to attract investor enthusiasm as prices remain under pressure and momentum fades.…