Thursday, November 21, 2024
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Inflows into Bitcoin investment products reach $1.5B year-to-date

Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totaled $346 million, continuing a nine-week trend of positive net flows. New record of inflows with US$346m this week,

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Bitcoin (BTC) Funds Surpass $1.5B of Inflows in 2023; Ether (ETH), Solana (SOL) Funds Lead Altcoin Inflows

Funds holding ether (ETH) experienced $34 million of net inflows last week, extending the positive trend to four consecutive weeks and surpassing $100 million of net inflows during this period. ETH funds now have almost nullified their dismal run of outflows earlier this year, which marks "a decisive turnaround in

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Bitcoin institutional inflows top $1B in 2023 amid BTC supply squeeze

Bitcoin (BTC) institutional investment vehicles have seen over $1 billion in new inflows in less than two months.In its latest weekly report on Nov. 13, crypto asset management firm CoinShares furthered the narrative that Bitcoin and altcoins are again attracting capital.Crypto institutional product AUM up 99% year-to-dateBitcoin, Ether (ETH) and

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