New analysis by London-based Nickel Digital Asset Management (Nickel), Europe's award-winning, regulated digital assets hedge fund manager is highlighting the need for crypto investors to start to look beyond Bitcoin for potential outperformance.
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that Crypto ETFs and ETPs listed globally gathered net inflows of US$785 million during March, bringing Q1 net inflows to US$859 million, which is much lower than the US$1.64 billion gathered in Q1 2021.
New research from London-based Nickel Digital Asset Management (Nickel), Europe's largest regulated and award-winning digital assets hedge fund manager, reveals institutional investors and wealth managers have dramatically increased their allocation to cryptocurrencies and digital assets over the past 12 months.
As one of the quickest and most convenient ways to transfer physical cash into Bitcoin or other cryptocurrencies, Bitcoin AMTs continued their impressive growth in 2021. According to data presented by TradingPlatforms.com, the total number of Bitcoin ATMs surged by 70% in the last six months and hit 16,500 last week.
The impressive growth of the crypto market and Bitcoin's price rally have turned 2021 into a record year for crypto miners.
According to data presented by TradingPlatforms.com, crypto miners generated $1.3bn in revenue last month, the highest value so far.