Crypto Markets See Surge in Institutional Investment Amidst Positive Sentiment
TL;DR Summary
Institutional investors are flooding the crypto markets with improved sentiment, with digital asset investment products seeing the largest single weekly inflows since July 2022, totaling $199 million, according to CoinShares. BTC products took the brunt of the inflows with $188 million, while Ethereum and multi-asset ETPs also saw a big jump. Altcoins XRP and Solana saw minor inflows of $0.24 and $0.17 million last week as well.
- Tidal Wave of Institutional Capital Re-Enters Crypto Markets As Sentiment Improves: CoinShares The Daily Hodl
- Bitcoin Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year CoinDesk
- Bitcoin ETF fever returns: Biggest inflow to ProShares’ BITO in a year Cointelegraph
- Weekly Inflows to Crypto Investment Products Hit $199M, Largest Since July 2022 Decrypt
- Bitcoin Futures Attract Biggest Bets Since Terra's Collapse CoinDesk
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
81%
347 → 67 words
Want the full story? Read the original article
Read on The Daily Hodl