Inflows into Bitcoin investment products reach $1.5B year-to-date

Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totalled $346 million, continuing a nine-week trend of positive net flows.

New record of inflows with US$346m this week, the highest total observed in the past 9 weeks of inflows.

– #Bitcoin –$BTC: US$312m inflows (year-to-date inflows US$1.5bn)Short Bitcoin: US$0.9m outflows

ETP volumes as a percentage of total spot Bitcoin volumes…

— CoinShares (@CoinSharesCo) November 27, 2023

Crypto ETPs experience inflows when their shares…

Read more on Cointelegraph

25.3K Reads