Analysis Daily News TheBitTimes.com

The global crypto investment market has witnessed a significant influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest data from CoinShares, digital asset investment products have seen an additional $1.35 billion in net inflows last week. This recent injection of funds has brought the total for the current positive streak to $3.2 billion. The fact that money has been flowing to this extent is a testament to the amount of steam behind recent market sentiment and confidence among investors regarding cryptocurrencies. According to Coinshares, this inflow trend is not isolated to one particular cryptocurrency but is rather widespread across various digital assets. The report reveals that major asset managers such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProS...

Bitcoin (BTC) has moved from $72,000 to $65,000, for 10% losses in the last 12 days. This has affected Wall Street’s conviction in the cryptocurrency, with Bitcoin spot ETFs registering four consecutive days of selling pressure. Notably, the last four days resulted in a 10,630 BTC outflow worth over $700 million from the 10 ETFs. Finbold retrieved this data from CoinGlass on June 19, looking for insights on Wall Street’s sentiment over having Bitcoin exposure. In particular, Fidelity’s FBTC dominated Wall Street’s selling activities with more than 50% of the daily out flows . The investment firm removed 5,390 BTC from its exchange-traded fund, while others had moderate or no flow. Picks for you Bitcoin ready for 'sudden and very strong drop,' expert sets BTC price bottom 12 mi...