Large inflows of crypto derivatives on Bitcoin on exchanges

The past few weeks have seen significant capital inflows toward crypto derivatives on exchanges, particularly on Bitcoin.  The data were published yesterday in an official blog post by CoinShares, a European company specializing in digital assets that has already issued several crypto derivatives.  Specifically, net capital inflows over the past four weeks totaled $742 million, with a focus on Bitcoin.  This was the largest set of inflows since the last quarter of 2021, with $137 million last week alone.  All of this followed the news of BlackRock‘s application to issue a spot Bitcoin ETF, and subsequent rise in the price