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$TAO Bittensor (TAO) 價格預測 2024、2025、2030、2035 | TAO 值得購買嗎? #TAO  #Bittensor

$TAO Bittensor (TAO) 價格預測 2024、2025、2030、2035 | TAO 值得購買嗎?

#TAO  #Bittensor

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Solana, XRP Attract $4.5 Million Inflow Spike Amid BTC Exodus According to CoinShares' most recent report, Solana SOLUSD and XRP have attracted a combined inflow of $4.5 million amid growing interest in altcoins over Bitcoin.  Bitcoin experienced outflows in the past week, according to the CoinShares report, with investors seemingly reallocating their assets. Solana and XRP have emerged as the beneficiaries of this shift, pulling in $4.1 million and $0.4 million, respectively.  US$435 outflows continue as incumbent ETF issuers continue to see withdrawals. The outflows were focussed solely on Bitcoin and Ethereum which saw US$423m and US$38m respectively, while a broad range of altcoins saw inflows. Digital asset investment products recorded outflows for the third week in a row, totaling $435 million. The outflows were mainly focused on Bitcoin and Ethereum, recording $423 million and $38 million, respectively.  On a closer look, the majority of Bitcoin outflows came from the Grayscale ETF, which experienced $440 million in outflows, which is surprisingly at its lowest in nine weeks. While Grayscale's outflows continue to slow, inflows from new ETFs have decreased, with only $126 million inflows last week, down from $254 million the previous week. Amid a cool-off in Bitcoin inflows, a broad range of altcoins have witnessed inflows, with investors favoring multi-coin investment products. This redistribution of funds could have far-reaching implications for the crypto market. It could signal that investors are looking beyond Bitcoin to build a more diversified crypto portfolio. If the trend continues, it might lead to altcoins eating away at Bitcoin's dominance. The current market sentiment remains a mix of caution and anticipation as traders and investors prepare for a major Federal Reserve meeting later this week. Anticipation is growing regarding the meeting's likely indication of higher-for-longer interest rates, causing market participants to brace themselves for potential consequences for digital assets. #Write2Earn
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Crypto investment products see third consecutive week of outflows totaling $435 million Global crypto investment products at asset managers such as Ark Invest, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered a third-consecutive week of net outflows totaling $435 million last week, according to CoinShares' latest report. The figure is the largest since a record of nearly $1 billion in outflows was recorded during one week last month as bitcoin corrected after reaching its latest all-time high of $73,836 on March 14. “Trading volumes in exchange-traded products fell to $11.8 billion last week compared to $18 billion the prior week, while bitcoin prices fell by 6%,” CoinShares Head of Research James Butterfill added.  Grayscale’s outflows decelerate but so do inflows from new issuers Most of the outflows were from the incumbent Grayscale, which converted its Bitcoin Trust product into a spot bitcoin exchange-traded fund in January. Grayscale’s GBTC contributed $454.1 million in outflows last week alone. However, this was the lowest level for nine weeks, Butterfill pointed out. “While Grayscale’s outflows continue to decelerate, we have also seen a deceleration in inflows from new issuers, which saw only $126 million in inflows last week, compared to $254 million the week prior,” Butterfill added. BlackRock’s IBIT spot bitcoin ETF witnessed three days of zero flows last week as its 71-day inflow streak — putting it in the top ten ETFs of all time — came to an end. Fidelity’s FBTC and Valkyrie’s BRRR also witnessed their first daily outflows last week. Overall inflows for the spot bitcoin ETFs have slowed considerably since peaking at a net daily inflow of $1.05 billion on March 12, according to The Block’s data dashboard.
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