The conclusion of 2024 marked a record $44.2bn of inflows globally, almost 4x the prior record set in 2021.
Bitcoin dominated 2024, seeing $38bn inflows representing 29% of AuM, while Ethereum saw a resurgence in late 2024, bringing full year inflows to $4.8bn.
Digital asset investment products saw net outflows totalling $75m for the last week — link
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A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram’s equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
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