Crypto Funds Experience Record Inflows, Bitcoin and Altcoins Lead the Way
TL;DR Summary
Crypto investment funds experienced the largest weekly inflow in 15 months, with $326 million pouring in, driven by optimism surrounding the potential approval of a spot bitcoin exchange-traded fund (ETF) by the SEC. Bitcoin funds accounted for 90% of the inflows, including investments in short-bitcoin funds, indicating hedging strategies. Solana saw the largest net inflows among altcoins, while funds holding ether continued to experience outflows.
- Crypto Funds See Largest Inflow in 15 Months, With Bitcoin, Solana Leading Rally: CoinShares CoinDesk
- Report Shows $320 Million In Capital Injection: Why Bitcoin Dominated Crypto Inflows | Bitcoinist.com Bitcoinist
- Crypto funds see largest weekly inflows in more than a year: CoinShares Cointelegraph
- Crypto Asset Funds See Biggest Weekly Inflows Since Last July Yahoo Finance
- $326,000,000 in Institutional Capital Hits Bitcoin and Altcoins In Largest Wave Since July 2022: CoinShares The Daily Hodl
- View Full Coverage on Google News
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