Institutional investors just bought an overall total of $1 billion in Bitcoin and crypto assets in one week, according to a new update from Coinshares. The inflows mark a reversal from a five-week streak of outflows totaling $4 billion. Bitcoin dominated the buying, drawing $881 million.
Institutional Investors Pour $1,000,000,000 Into Bitcoin and Crypto Assets in One Week: CoinShares
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Institutional investors bought $1 billion of Bitcoin and crypto assets in one week, CoinShares says; Bitcoin accounted for $881 million; the inflows reverse a five-week outflow streak totaling $4 billion.
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