Oct 23, 10:19 am
Decrypt
Institutional Investments in Crypto Products Remain Positive, With the Majority Directed Towards Bitcoin
Institutional investments in crypto products have remained positive for the fourth consecutive week, with a total investment of $66 million. The majority of the investment, 83.7%, was directed towards Bitcoin. Swiss-based firm 21SharesAG saw the largest inflows, while the ProShares Bitcoin Strategy ETF experienced outflows. The lower inflows compared to June indicate a more cautious approach from investors.