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Crypto products see 4th week of inflows amid race for Bitcoin ETFs: CoinShares

Published 10/23/2023, 09:38 PM
Updated 10/24/2023, 04:20 AM
BTC/USD
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Crypto investment products have recorded four weeks of inflows as the market eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States.

Asset management firm CoinShares’ Oct. 23 fund flows report revealed $66 million was added to digital asset investment products in the week ending Oct. 20, which has swelled the space’s assets under management to $33 billion.

Flows by asset for the week ending Oct. 20 show Bitcoin and Solana as the most popular. Source: CoinShares

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