The digital asset investment landscape experienced a resurgence as Bitcoin Exchange-Traded Funds (ETFs) rallied last week, bolstering confidence among the crypto market enthusiasts. Notably, according to James Butterfill, CoinShares’ Head of Research, the recent surge in Bitcoin ETFs has propelled a significant inflow into the digital asset segment, reaching a notable milestone of $862 million last week.
Bitcoin ETF Fuels Digital Asset Inflow Surge
James Butterfill’s recent report highlights a remarkable turnaround for Bitcoin ETFs, marking a substantial influx of $862 million in the past week. Notably, this resurgence in investment signals renewed confidence among stakeholders.
Meanwhile, Bitcoin led the inflow with $865 million, emphasizing its continued dominance in the digital asset market. Additionally, Solana saw a noteworthy inflow of $6.1 million amid soaring interest in the crypto itself as well as the Solana-based meme coins.
Source: James Butterfill, X
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