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Institutional Bitcoin products tag record AUM despite volume pulling back
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Institutional traders have locked a record sum of capital into Bitcoin investment products despite trade volume declining during the second half of 2021.
According to CoinShares’ Nov. 15 “Digital Asset Fund Flows Weekly” report, Bitcoin (BTC) investment products saw total inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s assets under management (AUM) up to a record $56 billion. Year-to-date (YTD) inflows also tagged $6.5 billion last week.
Bitcoin instruments represented
Read more on cointelegraph.comAbout this in other media
El Salvador To Build World's 1st "Bitcoin City" With Money From $1 Billion Bitcoin-Backed Bond ndtv.com /2 years ago
El Salvador: Adopting ‘junk-grade’ Bitcoin bond will have these repercussions ambcrypto.com /2 years ago
Bitcoin exchanges see large deposits despite BTC reserves hitting 3-year lows cointelegraph.com /2 years ago
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