Amid a whirlwind of volatility in the cryptocurrency market, Bitcoin’s weekly inflow dipped to $663 million, signaling a momentary retreat amidst fluctuating investor sentiment. Despite this, a resurgence in the Bitcoin price today, rallying close to $73,000, hints at underlying investor confidence.
Meanwhile, the latest insights from CoinShares shed light on this evolving landscape, revealing intriguing trends and shifts in digital asset investments.
Exploring Bitcoin’s Weekly Inflow Dynamics
The Bitcoin ETF inflow has cooled down in the last week, dragging down the overall Bitcoin market influx. Notably, the U.S. Spot Bitcoin ETF started last week on a low note with around $86 million outflux, while regaining momentum since Tuesday, April 2.
Meanwhile, last week’s report from CoinShares Digital Asset Fund Flows Weekly Report unveils Bitcoin’s cooling inflow, amounting to $663 million. This contrasts with the prior week’s figure Bitcoin inflow of $865 million, suggesting a s
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