Institutional managers bought the dip as crypto funds see $154M in weekly inflows
Bullish sentiment surrounding crypto has not wavered despite the recent market correction that saw Bitcoin fall to sub-$57,000 levels.
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Institutional Bitcoin products tag record AUM despite volume pulling back
Institutional traders have locked $56 billion into Bitcoin investment products after inflows totaled $97.5 million last week.
Institutional managers bought $2B worth of Bitcoin in October
October was a record-breaking month for BTC funds, thanks to the approval of two futures-linked ETFs in the United States.
Institutional crypto products eye record AUM as investors pile into Bitcoin
Institutional investors piled $225 million into Bitcoin products while Ether products saw outflows of $13.6 million this past week.
Institutional bulls back Bitcoin after weeks of altcoin accumulation
Institutional crypto appetites have shifted away from altcoin back to Bitcoin, with BTC investment products leading the inflows for digital asset products for the second week in a row.
Institutional investors bought the dip as China FUD broke
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows.
Institutional investors increase their crypto holdings for 5th straight week
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month.
Institutional traders flock to Solana as demand for ETH and BTC flattens
Institutions were betting big on Solana investment products last week, with SOL-tracking products attracting 86.6% of institutional inflows to digital asset products last week.
Institutional exposure to altcoin products retests all-time high
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products.
Institutions remain bullish on Cardano and Ether while BTC outflows persist
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens.