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Interest in crypto funds has returned after four weeks of outflows
According to CoinShares data, $130 million flowed into cryptocurrency investment products from May 4th to 10th.
Tom Lee confirmed his forecast for Bitcoin at $150,000 by the end of the year
On CNBC, the co-founder of the analytical company Fundstrat, Tom Lee, reiterated his forecast that the price of the leading cryptocurrency would reach $150,000 by the end of 2024.
Mainland China to Gain Access to BTC-ETFs in Hong Kong
Investment funds registered in Hong Kong and linked to Bitcoin may soon become available to Chinese investors. This was reported by Richard Bayworth, managing partner of SyzCapital.
Cooling interest in Bitcoin ETFs has intensified the outflow from crypto funds
During the week of April 20 to 26, withdrawals from cryptocurrency investment products reached $435 million, marking the third consecutive week of negative dynamics, according to a report by CoinShares.
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