By Xie Yu HONG KONG (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent […]
Tag: Inflows
Chinese investors’ rush for offshore assets spurs Hong Kong wealth inflows
By Xie Yu HONG KONG (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent […]
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
U.S.-listed spot bitcoin ETFs saw over $880 million in inflows on Tuesday, led by Fidelity’s FBTC. Bitcoin rose over $71,000 in Asian trading hours, adding 3% in the past 24 hours, with the CoinDesk 20 index rising 2.65%. U.S.-listed spot bitcoin {{BTC}} exchange-traded funds (ETF) saw over $880 million in inflows on Tuesday led by […]
What ETF inflows look like
Bitcoin (BTC-USD) breaks higher above its record benchmark of $72,000. Investors continue injecting money into spot bitcoin ETFs, led by Grayscale’s Bitcoin Trust (GBTC). Yahoo Finance Senior Reporter Jared Blikre monitors the investment inflows of the top-performing bitcoin ETFs and the broad-based rally in the crypto space over the past week. For more expert insight […]
Inflows to reverse repo facility surge, hitting $1.018 trillion
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York said on Friday it accepted $1.018 trillion at its overnight reverse repo facility, as inflows to the central bank liquidity facility surged on the final trading day of the year. Friday’s inflows were expected to jump and were well above […]