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Bitcoin leads inflows but here’s why it can rise higher
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The week has been an exciting for blockchains across the crypto ecosystem, especially after the Bitcoin market moved from fear into greed. What’s more, with the ProShares Bitcoin Futures ETF due to launch on 19 October, there is more optimism than there was during the summer.
CoinShare’ s weekly Digital Asset Fund Flows report shed some light on the exact numbers.
First and foremost, the report confirmed that digital asset investment products saw inflows of around $80 million in the week ending 15 October.
Coming to the king coin, BTC inflows were the largest at around $70 million. This took the leading crypto to its fifth continuous week of inflows. While the report noted that weekly inflows were higher in the beginning of 2021, it
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