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Crypto World: Right Time To Invest In CRYPTO? by smdsajir(m): 1:31pm On Jun 08, 2022
The Crypto industry is once again rumbling through a cold winter, but luckily this time, positive thaws are appearing throughout the crypto sphere.

According to the money flowing into listed cryptocurrency funds, which represent only a tiny portion of the market but are popular among institutional and retail investors alike, some investors believe bitcoin has bottomed out.

According to data provider CryptoCompare, overall flows into such funds turned positive last month, with a weekly average inflow of $66.5 million, reversing a dismal April. They saw an average weekly outflow of $49.6 million.

"It's largely institutional, and to a lesser extent retail investors, recognizing that the pain has already been endured, and we're closer to the bottom than the top," said Ben McMillan, a chief investment officer of Arizona-based IDX Digital Assets.

" The factor "market volatility" will give you a push if you're getting into crypto at these levels," he added. "Many institutional investors are beginning to look at cryptocurrency as a source of long-term growth potential."

It's unclear whether the tentative flows will last or if the emerging trend will be replicated across the market.

It's pretty obvious that many investors will most likely face hesitancy in the market after being severely beaten down by global monetary tightening and rising inflation concerns.

Since its peak in November, Bitcoin has lost roughly half of its value, is down by a third in 2022, and has been hovering around $30,000 for a month.

Nonetheless, data from funds and online broker's transaction stats show that some investors are returning to crypto, albeit through the perceived safety of exchange-traded products (ETPs), which promise greater liquidity and security.

Not only that, a lot of most used brokers, such as AssetsFX, LiteFinance, and IC Markets, i.e., are now adding an ultrawide range of crypto trading and investing opportunities for ensuring a secure and commendable crypto experience for retail investors.

According to Kraken Intelligence, the assets under the management of several bitcoin-futures ETFs have increased in the last week.

The support of the ProShares Bitcoin Strategy ETFs has risen by 6%, while the assets of the (BITS.O) and VanEck Bitcoin Strategy ETF have increased by more than 3%.

ProShares' bitcoin fund lost more than $127 million in April.

According to Norway-based crypto research firm Arcane Research, the bullish trend has continued into June, with global bitcoin ETP holdings reaching an all-time high of 205,008 bitcoin in the first two days. "Things are looking positive so far," Vetle Lunde said.

Only bitcoin funds have seen inflows, indicating that investors are selective and cautious, while Ethereum and other crypto funds have seen outflows.

Living Under A Rock?

But, while the fortunes of some funds may be improving, most have posted poor returns this year as the crypto market has tanked.

According to Morningstar, US digital assets funds have lost 46 percent on average in 2022, with losses of 22 percent in May.

All of the listed digital asset investment products tracked by CryptoCompare lost money in May, with Grayscale's Digital Large Cap Fund product performing the worst, falling 38.5 percent.

"Bitcoin has been rangebound in tandem with broader market activity recently; investors are looking for a bottom and are unsure where that is," said Jack McDonald, CEO of PolySign, specializing in digital asset custody solutions for institutional investors.

(GBTC.PK), one of the most significant bitcoin funds with more than $19 billion in assets is trading at a 29 percent discount to net asset value, the steepest discount since inception and indicative of low demand for the product.

Moreover, despite the increase in May, many market observers expect crypto fund inflows to remain subdued until macroeconomic and regulatory risks become more precise.

"Everyone is waiting desperately for returning to the markets," McMillan of IDX added. "On the macro front, there's still a lot of wood to chop.

Are you also considering a long-awaited CRYPTO return? Well, it's high time!
Re: Crypto World: Right Time To Invest In CRYPTO? by Qqqp: 7:37pm On Jun 08, 2022
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Re: Crypto World: Right Time To Invest In CRYPTO? by TookyTooker: 9:10am On Jun 10, 2022
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Re: Crypto World: Right Time To Invest In CRYPTO? by FacelessStuart: 10:22am On Jun 10, 2022
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Re: Crypto World: Right Time To Invest In CRYPTO? by QuietLife: 3:41pm On Jun 15, 2022
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Re: Crypto World: Right Time To Invest In CRYPTO? by Tpp1: 6:06pm On Jun 15, 2022
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Re: Crypto World: Right Time To Invest In CRYPTO? by MaxRon1967: 7:04pm On May 24, 2023
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Re: Crypto World: Right Time To Invest In CRYPTO? by yemmyyemmy60: 4:38am On May 25, 2023
Where do I start from and please does it really worth it because im just a salary earner earning less than 100k and looking for where something somewhere i can safely invest in
Re: Crypto World: Right Time To Invest In CRYPTO? by pitamah901: 10:16am On Oct 13, 2023
yemmyyemmy60:
Where do I start from and please does it really worth it because im just a salary earner earning less than 100k and looking for where something somewhere i can safely invest in

U should start from learning, not investing, once you know your way around, earning will be easy. Same thing i did
Re: Crypto World: Right Time To Invest In CRYPTO? by yinkeys(m): 10:23am On Oct 13, 2023
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Re: Crypto World: Right Time To Invest In CRYPTO? by andreyi1979(m): 8:39am On Oct 22, 2023
MaxRon1967:
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