SShortSingh.
Back to feed

XRP ETFs Draw $2M Inflows as Bitcoin, Ether and Solana Funds Face Outflows

0
·1 views

XRP exchange-traded funds attracted nearly $2 million in inflows on Tuesday, standing out against a broader trend of losses across crypto ETFs. Bitcoin, ether, solana, and hyperliquid funds all recorded net outflows on the same day. Grayscale's products were solely responsible for the outflows seen in both the bitcoin and ether ETF categories. The divergence highlights shifting investor appetite, with XRP products bucking the wider market retreat.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Anthropic Researcher Resigns, Warns AI Could Pose Existential Risk by 2030

A researcher at Anthropic has resigned from the AI safety company, citing serious concerns about the technology's potential dangers. The individual, identified as Coxon, publicly announced the resignation on X, formerly Twitter. In the post, Coxon stated that those actively developing AI genuinely believe it could pose a lethal threat to humanity before the end of this decade. The warning draws comparisons to fictional doomsday AI scenarios, such as those depicted in the Terminator film franchise. The resignation highlights growing unease even among insiders at leading AI research organizations about the long-term risks of advanced AI systems.

0
Crypto & Web3CoinDesk ·

Hunter Biden launches LAPTOP memecoin, calls out Trump's crypto venture

Hunter Biden is set to launch a memecoin called LAPTOP on Wednesday. He has described the token as being centered on themes of resilience, redemption, and recovery. As part of the launch, Biden plans to distribute coins to nearly one million crypto wallets that suffered losses on the TRUMP memecoin. He took a swipe at the Trump token, labeling it a 'grift' in his defense of the new project.

0
Crypto & Web3CoinDesk ·

US Agencies Accuse Six Chinese AI Firms of Extracting Capabilities from American Models

Six Chinese artificial intelligence companies have been accused by US agencies of systematically extracting capabilities from American AI models. Moonshot, the company behind the Kimi AI model, is among the firms named in the accusations. Kimi had previously rattled financial markets earlier this year upon its release. US authorities allege these firms used American models as a foundation to build and enhance their own AI systems. The accusations raise fresh concerns about intellectual property and technology transfer in the global AI race.

0
Crypto & Web3CoinDesk ·

Bitcoin Steadies Near $79,000 While Zcash Surges 43% on Grayscale ETF Milestone

Bitcoin dipped to approximately $77,600 on Tuesday before recovering most of its losses, ending the day largely flat. Meanwhile, Zcash posted a notable weekly gain of around 43%, outperforming the broader crypto market. Grayscale's newly launched Zcash-focused fund reached a significant milestone, crossing $500 million in assets. The developments highlight diverging momentum across different digital assets amid an uncertain market environment.