Bitcoin Dominates $620M of Crypto Funds Inflows as Price Rebounds
12 Articles
12 Articles
Bitcoin Leads $619M Weekly Inflows Amid Geopolitical Jitters And Oil-Driven Pullback
The digital asset market showed a strange kind of calm last week, not reckless, not euphoric, just strangely stubborn. According to CoinShares, investment products tied to cryptocurrencies pulled in a net US$619 million, a sign that, even amid geopolitical jitters tied to Iran, a meaningful chunk of investors still want exposure to the space. What makes that headline number interesting is how the week unfolded. The first three trading days saw a…
Crypto Investment Products Pulled in $619 Million Last Week Then Lost $829 Million in Two Days Altcoin News ETHNews
The week started with $1.44 billion in inflows across the first three trading days and ended with institutional investors pulling nearly $830 million on Thursday and Friday alone. What Drove the Reversal CoinShares Head of Research James Butterfill attributed the late-week outflows directly to rising oil prices. The logic runs through inflation expectations: weak payroll data released during the week would normally reduce inflation pressure and …
Bitcoin ETF inflows fall to $619M as oil shakes markets
TLDR Bitcoin ETF products recorded $1.44 billion in inflows during the first three trading days of the week. Investors withdrew $829 million dollars before Friday, which reduced the net weekly total to 619 million dollars. Bitcoin attracted $521 million in inflows and led all digital asset funds. Ethereum and Solana funds posted gains, while XRP recorded outflows during the same period. Bitcoin price rose nearly 11 percent early in the week and…
Bitcoin Funds Lead $619M Crypto ETP Inflows Despite Middle East Tensions
Bitcoin-based investment funds led $619 million in weekly crypto ETP inflows, according to CoinShares, as institutional investors continued allocating capital to digital assets despite rising geopolitical tensions in the Middle East. The inflows mark the second consecutive week of positive flows after crypto investment products recorded roughly $1 billion in inflows the previous week, ending a five-week streak of withdrawals earlier in the year.…
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