Bitcoin ETPs continue inflows for third consecutive week

2023-7-10 15:31

Quick Take

The weekly digital asset fund flows report by Coinshares for July 10 shows:

Digital asset inflows hit $136 million, marking the third consecutive week of net inflows. Trading turnover slowed, with a weekly total of $1 billion, down from the $2.5 billion preceding two-week average. Bitcoin inflows reached $133 million, while short-Bitcoin saw $1.8 million outflows. Ethereum inflows were $2.9 million, a mere 0.2% of total Assets Under Management (AuM). Altcoins Solana, XRP, Polygon, Litecoin, and Aave saw inflows, while Cosmos and Cardano had minor outflows. CoinShares weekly report is released each Monday. Flows: (Source: Coinshares)

The post Bitcoin ETPs continue inflows for third consecutive week appeared first on CryptoSlate.

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