Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
The number of new cryptocurrency ETFs launched in the first three months of this year was three times that of the first quarter of 2023

The number of new cryptocurrency ETFs launched in the first three months of this year was three times that of the first quarter of 2023

CointimeCointime2024/05/25 01:49
By:Cointime

With the launch of new ETFs focusing on cryptocurrency strategies, speculation has returned to the market, and new funds focusing on cryptocurrency strategies are being launched at a faster pace. According to Crypto Fund Research, 25 new venture capital and hedge funds were established in the first three months of this year, the most since the second quarter of 2021. This is twice the number of funds closed during the same period, and almost three times the number of funds that appeared in the first quarter of 2023. Last year, during the bear market, the number of newly established cryptocurrency funds barely exceeded the number of closed funds.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Donald Trump's inauguration may no longer be a sell-the-news event for bitcoin, K33 says

Bitcoin’s price initially surged following Donald Trump’s election victory, buoyed by the prospect of his pro-crypto policies.However, macro headwinds have seen markets cool since mid-December, leading analysts at K33 to ponder if Trump’s inauguration is no longer a sell-the-news event.

The Block2025/01/14 16:33