Amid crypto bear market, institutional investors scoop up Bitcoin: CoinShares
Bitcoin investment funds are seeing positive inflows while Ether funds continue to be drained, according to industry data. Digital asset investment products registered positive inflows last week, though the gains were mainly concentrated in Bitcoin (BTC) 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....
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In the latest weekly report “Digital Asset Fund Flows” from CoinShares, Bitcoin and Solana are emerging as leaders in institutional inflows, indicating sustained interest from sophisticated investors in the cryptocurrency market. James Butterfill, head of research at CoinShares, elaborated on the trend: “Digital asset investment products saw inflows totaling $176 million last week, marking an […]
Following the failure of the crypto market to return to its former glory, institutional investors are fleeing in droves. The market has seen a large outflow of institutional cash in recent weeks, according to multiple sources. Coinshares made the figure surrounding the conversation available a few days ago in a recent update. Investors Leave Market According to Coinshares’ latest figures, the total amount of money that has flown out of the market owing to institutional investor withdrawals in a month is over $339 million. Despite the fact that the market saw a similar movement at the....
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Institutional investors withdrew a record $141 million from Bitcoin investment products this past week. The latest report from analytics firm CoinShares shows that outflows from institutional BTC investment products continue to surge. According to CoinShares’ June 7 Digital Asset Fund Flows Weekly report, institutional investors are continuing to reduce Bitcoin exposure, with BTC investment products seeing a record outflow of $141 million this past week.Capital flows for crypto investment products: CoinSharesThe data follows heavy institutional selling amid May’s dramatic crypto market....
CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back. A new report from crypto fund provider CoinShares has indicated that some institutional investors have been realizing profits during BTC’s recent consolidation.CoinShares’ weekly digital asset flows report identifies $85 million in outflows from institutional crypto products this past week, asserting the data suggests “some investors are continuing to take profits after [BTC’s] strong price appreciation.”The report noted....