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.

origin »

Bitcoin price in Telegram @btc_price_every_hour

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

Источник: cryptoslate.com

public data → Результатов: 126


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


Plugin Partners With Inclusive Growth Chain to Implement the ‘Project Pollution Check’

The Plugin and Inclusive Growth Chain have collaborated to implement the ‘Project Pollution Check’. The Pollution Check is designated to collect and tabularize the data regarding air pollution. And further help end-users like air purifier producers, realtors, and the environment conversalists both in public & private sectors.

2022-6-14 10:39


Bitcoin Hashrate Controlled By Publicly-Listed Companies Spikes To 19%

Data shows the share of the bitcoin hashrate in control of publicly-listed mining companies has shot up to 19% recently. Public Mining Companies’ Share Of Bitcoin Hashrate Spikes To 19% As per the latest weekly report from Arcane Research, the amount of BTC hashrate controlled by publicly-listed companies has observed a sharp increase over the […]

2022-4-7 22:00


BitKeep Accelerates the Market Carving-up, With Its Swap Share Reaching Half of That of MetaMask

BitKeep Swap total transactions exceeded 5 million. Kevin, CEO of BitKeep, a Web3.0 crypto wallet, tweeted on March 21. According to the latest data released by Consensys: BitKeep, with an average daily swap amount of 20 million US dollars, has become the decentralized wallet that supports most public chains, most tokens/coins in the world with […] The post BitKeep Accelerates the Market Carving-up, With Its Swap Share Reaching Half of That of MetaMask appeared first on NullTX.

2022-3-27 06:56


Фото:

В Arcane Research отметили рост экосистемы Lightning Network

Экосистема сети микроплатежей биткоина Lightning Network (LN) растет быстрее ее емкости. На это обратили внимание аналитики Arcane Research. The Bitcoin Lightning Network ecosystem is growing! Our data on Lightning Network payments points to usage growing more than public capacity as well.

2022-3-19 19:37


Фото:

Report Finds Public Trust of Bitcoin Will Soon Outweigh that of Big Banks

Bitcoin’s status as a “safe haven asset” has grown in recent times due to its performance against a backdrop of global uncertainty This narrative has also been bolstered by the massive amounts of money printing and inflation seen throughout the globe The recent halving event shined a spotlight on Bitcoin’s deflationary structure and fixed supply All these factors appear to have built up the public’s trust in the benchmark cryptocurrency New data shows that the […]

2020-6-25 02:00


Фото:

Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar

Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion.

2020-6-4 00:02


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Trump Says He Won’t Pardon Sam Bankman-Fried

Bitcoin Magazine Trump Says He Won’t Pardon Sam Bankman-Fried President Donald Trump said he will not pardon former FTX CEO Sam Bankman-Fried, rejecting clemency for the convicted crypto executive.