Institutional Money Floods Bitcoin – $2.7B Inflows Lead the Charge!

Institutional money floods Bitcoin – $2.7B inflows lead the charge!

$3.7B in inflows, Grayscale goes IPO, and Vanguard bets on BTC-backed stocks... all while China tightens liquidity and Germany fumbles billions.

$3.7 Billion Pours In as Bitcoin Rivalry With Gold Heats Up – #CryptoUpdatesGNIT

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto asset investment products have recorded another significant milestone, with weekly inflows totaling $3.7 billion, according to CoinShares’ latest report released Monday. This marks the second-largest weekly inflow on record for crypto funds, bringing the year-to-date total to $22.7 billion. CoinShares Head of Research James Butterfill noted…

Bitcoin Inflows Explode: $2.7B Surge Puts It Neck-and-Neck With Gold ETPs

Digital asset investment vehicles drew in $3.7 billion last week, and represented the second-highest weekly inflow on record. July 10th registered the third-largest single-day inflow ever. This marks the 13th week in a row of inflows, raising the cumulative total to $21.8 billion, with year-to-date inflows hitting $22.7 billion. Assets under management surpassed the $200 billion milestone for the first time, reaching a record $211 billion. ETP t…