Europe: Crypto ETP Inflows Rise to ~$230 Million in June, July
Over the past two months, crypto -related exchange-traded product in flows have registered a sharp spike. Data from MorningStar revealed that ETP s based in Europe noted a net inflow of €150 million [$162.1 million] in June. This turned out to be the best month for ETP s since March 2022. July’s net in flows dropped to €60 million [$64.8 million]. Nevertheless, the two back-to-back months of positive flows came on the heels of the €100 million [$108 million] of out flows registered in May 2023. As far as the top-performing ETFs were concerned, the report highlighted, “Morningstar data reveals that it was WisdomTree Blockchain UCITS ETF USD Acc (WBLK) that topped the list of best performing ETPs in July, gaining 26% over the month. This was followed by another three ETFs exposed to digital assets and blockchain.” Source: MorningStar Also Read: FBI: Lazarus Group Might Sell $40 Million in Bitcoin BlackRock Application Positively Impacted ETPs: HANetf Exec...