Digital asset investment products registered unprecedented inflows last week, while Galaxy Digital introduced a new platform for trading cryptocurrencies and stocks.
Summary
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Terms & Concepts
Crypto ETP: An exchange-traded product that tracks the performance of a cryptocurrency or a basket of digital assets, tradable on traditional stock exchanges.
Inflows: The movement of capital into an investment vehicle, indicating increased demand from investors.
Galaxy Digital: A financial services firm focusing on digital assets, cryptocurrencies, and blockchain technology.