(Kitco News) - Digital asset investment products have now seen inflows for eight consecutive weeks as total assets under management (AuM) for globally listed products increased $176 million during the week ending Nov. 17, according to the latest fund flows report from CoinShares.
The year-to-date total now stands at $1.32 billion, which shows that interest from institutions is on the rise, albeit a far cry from where it was during the last bull market.
“The inflows remain well behind 2021 and 2020, which saw US$10.7bn and US$6.6bn respectively,” said James Butterfill, head of research at CoinShares. “Trading volumes in ETPs have averaged US$3bn per week, double this year’s average of US$1.5bn.”
SILVER
in Gold, FX, Stocks / Diaries & Blogs
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Silver's TIME TO SHINE? With Gold closing Friday over $2,000 (Gld: $185+; UGL $60+)
For Silver ($24.39, SLV: $22.27), AGQ (2x Silver: $28.92), and SIL (silver shares: $26.17 +0.32)?
Look set to Breakout, and carry prices higher; Maybe catch up with Gold ($2003), UGL (2x Gold; $60.81)
SGR ( Silver to Gold Ratio), key resistance level at 1.25% ($2000 x1.25= $25)
AGQ-etc
For Silver ($24.39, SLV: $22.27), etc:
Silver vs. Gold (GLD), and Silver shares (SIL)
GSR: Gold-to Silver Ratio :
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