Public funds invested $43 million into Bitcoin in a single day, representing 10% of the year’s total

Public funds invested $43 million into Bitcoin in a single day, representing 10% of the year’s total
фото показано с : cryptoslate.com

2023-10-24 11:35

Quick Take

Recent data shared by Pillage Capital from Bloomberg data reveals a remarkable surge in Bitcoin investments by public funds, identifying a single-day inflow of approximately $43 million.

This considerable sum represents a substantial 10% of the total year-to-date inflow in just a single day, signifying a growing interest in cryptocurrency investments.

Over the past week, the inflow reached $66 million, with the past month seeing a total of $145 million funneled into Bitcoin. The substantial year-to-date figure stands at $428 million, underscoring the continued confidence in Bitcoin as a viable investment.

A significant portion of these inflows were directed toward Bitcoin Exchange Traded Products (ETPs), with 21Shares Bitcoin ETP receiving the most inflows at $12 million. Close behind was the CI Galaxy Bitcoin ETF, which saw an influx of around $11 million, further demonstrating the increasing popularity of these innovative financial products.

This surge in inflows indicates a potential shift in traditional investment strategies, with a growing emphasis on digital assets.

Bitcoin inflows:(Source: @PillageCapital)

The post Public funds invested $43 million into Bitcoin in a single day, representing 10% of the year’s total appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bit Public Talent Network (BPTN) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 BPTN

public data bitcoin million funds bloomberg pillage

public data → Результатов: 126


Фото:

zkPass Announces Opening of Its Pre-alpha Testnet for Public Testing

zkPass, a renowned privacy-preserving protocol that validates private data, has announced the public launch of its Pre-alpha Testnet. Marking a significant milestone for the platform, the launch will see the zkPass pre-alpha testnet available for the public while providing the blockchain space with a revolutionary approach to private data validation. zkPass is known to always […]

2023-9-3 20:49


The US Federal Reserve Lies About the Economy. Blockchain Technology Can Fix This

The US Federal Reserve's history of questionable economic reporting has raised concerns about data accuracy and public trust. This article discusses how blockchain technology can provide a transparent and tamper-proof solution to this issue and emphasizes the need for collaboration and innovation to create a trustworthy economic reporting system.

2023-5-3 20:30


Coinbase will pay a fine of $50 million

The public cryptocurrency platform Coinbase will have to pay a fine of $ 50 million by the decision of the Department of Financial Services of New York. This happened against the background of the fact that the exchange provided an opportunity for consumers to register accounts without the necessary verification of personal data as part […] Сообщение Coinbase will pay a fine of $50 million появились сначала на Coinstelegram.

2023-1-5 19:08


Фото:

Mastercard Deploys A New Anti-Fraud Tool In A Deeper Push Into Crypto

Mastercard is launching a new software tool aimed at helping banks “identify and cut transactions” from crypto exchanges prone to fraud. According to a report by CNBC, the software, which is known as “Crypto Secure”, will use utilize “sophisticated” artificial intelligence in scanning data from public records on crypto transactions. This will enable it to detect […]

2022-10-7 22:45


Best Ontology Wallets – What ONT Wallet to Choose?

Ontology is a new high-performance, a public blockchain-based project which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry-specific modules to create an infrastructure for a cross-chain, cross-system, cross-industry, cross-application, and cross-device peer-to-peer trust ecosystem.

2022-7-23 11:53