Crypto-focused #investment funds saw a net inflow of $326 million last week, the largest single-week influx since July 2022. The rally in prices, driven by optimism about the approval of a spot bitcoin #ETF by the #SEC, was the main reason for the inflows. #Bitcoin funds accounted for 90% of the inflows, with some investors hedging their gains or betting on a price reversal.
https://www.coindesk.com/markets/2023/10/30/crypto-funds-see-largest-inflow-in-15-months-with-bitcoin-solana-leading-rally-coinshares/
geeknik
npub1fk8…c5sk
2023-10-30 18:41:38
Author Public Key
npub1fk8rya2ra7lp8m60f8jrjg4yqfv2cc8dah8wqc49drccs3dqngzqtgc5skPublished at
2023-10-30 18:41:38Event JSON
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"content": "Crypto-focused #investment funds saw a net inflow of $326 million last week, the largest single-week influx since July 2022. The rally in prices, driven by optimism about the approval of a spot bitcoin #ETF by the #SEC, was the main reason for the inflows. #Bitcoin funds accounted for 90% of the inflows, with some investors hedging their gains or betting on a price reversal.\n\nhttps://www.coindesk.com/markets/2023/10/30/crypto-funds-see-largest-inflow-in-15-months-with-bitcoin-solana-leading-rally-coinshares/",
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