Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares

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Buying the dip? Big investors are taking advantage of low BTC prices, provoking a positive inflow of the coin, as opposed to ETH.

Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin funds, signaling a more cautious approach to crypto allocation on the part of institutional investors.

Bitcoin investment products saw cumulative inflows totaling $126 million in the week ending Saturday, according to the latest fund flows report from CoinShares. Year-to-date, Bitcoin investment funds have quietly added $506 million in net inflows. Investors appear to be allocating to Bitcoin at the expense of Ether and other altcoins. Ether funds saw $32 million in outflows, marking the ninth consecutive week of declines. Outflows from Ether investment products have totaled $357.4 million this year.

Meanwhile, investments in multi-asset crypto funds rose by $4.3 million last week, bringing the year-to-date total to $201.3 million. Grayscale remains the single largest digital asset manager with over $27 billion under management. Roughly 99% of Grayscale's total assets are devoted to the

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Union banks started offering btc investment to their clients

This dip is cool. I bought some leo and matic on it.

I already spend a lot of usdt on this dip. I hope all crypto will go up soon.

I’m buying it at 21111

All crypto SCAM FOREVER

This is called free market ;)

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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