TheCoinPath

  • Market Cap: $3,441,809,896,845.02
  • 24h Vol: $216,303,516,979.39
  • BTC Dominance: 53.99%
Crypto Investment Products Witness Highest Weekly Influx Since July 2022

Crypto Investment Products Witness Highest Weekly Influx Since July 2022

CoinShares’ latest weekly inflow report shows a surge in investor appetite for digital asset investment products, with Bitcoin leading the rally. Inflows for the week of June 19-23 totaled $199 million, with Bitcoin representing 94% of overall inflows at $187 million. CoinShares analysts attribute the reversal to increasing activity from exchange-traded product issuers in the ETF space, with recent announcements from high-profile ETP issuers filing for physically backed ETFs with the US Securities and Exchange Commission renewing positive sentiment.

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