$310M in Inflows to Bitcoin Products Mean Institutional Investors Are Focused on Just One Digital Asset
Institutional investors have been primarily focused on Bitcoin over the past two weeks, with inflows of $310.6 million into Bitcoin-related products. This represents 98% of all digital asset flows and marks a reversal from nine consecutive weeks of outflows. The surge in Bitcoin's price and dominance has been attributed to the filing of spot Bitcoin ETF applications by BlackRock, Fidelity, Invesco, Wisdom Tree, and Valkyrie.
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$310M in Inflows to Bitcoin Products Mean Institutional Investors Are Focused on Just One Digital Asset
Institutional investors have been primarily focused on Bitcoin over the past two weeks, with inflows of $310.6 million into Bitcoin-related products. This represents 98% of all digital asset flows and marks a reversal from nine consecutive weeks of outflows. The surge in Bitcoin's price and dominance has been attributed to the filing of spot Bitcoin ETF applications by BlackRock, Fidelity, Invesco, Wisdom Tree, and Valkyrie.