Bitcoin ETFs Dominated Institutional Investing Last Week, Says CoinShares
5 Articles
5 Articles
Bitcoin Drives $882M Weekly Inflows into Digital Assets
Bitcoin (BTC) continues to flex its dominance as the top digital asset, attracting $867 million in inflows last week alone, according to a fresh CoinShares report published on May 12. This influx led the broader crypto investment products market, which collectively saw $882 million in inflows, marking the fourth consecutive week of gains and lifting year-to-date totals to $6.7 billion. Record ETF Inflows The surge in investor confidence comes ag…
Bitcoin adoption: increasingly part of my investment portfolio – Moonstone Information Refinery
It is astounding but not surprising how Bitcoin and, for that matter, the cryptocurrency markets have evolved since my article on the subject in March last year (“Bitcoin’s price discovery justifies a core hold”). The net cumulative purchases of Bitcoin via exchange traded funds, calculated by ETF daily flows in US dollars divided by the closing price of Bitcoin (published by Investing.com), from mid-March increased 2.5-fold to 924 000 coins cur…
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