Investors are adding to their Bitcoin Exchange Traded Product (ETP) positions as weekly inflows hit their highest levels since June 2022. As BlackRock files for a spot Bitcoin Exchange Traded Fund (ETF) with the Securities and Exchange Commission (SEC), sentiment has shifted in the crypto market. Bitcoin Records Largest Single Weekly Inflows According to CoinShares, digital asset investment products recorded inflows of $199 million last week. Last week’s inflow managed to offset nearly half of the nine previous weeks of continuous outflows. Source: CoinShares That said, the crypto market received the highest inflows in the past 12 months. But most
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Author: coinmaker