Institutional Bitcoin products tag record AUM despite volume pulling back By Cointelegraph

Nov 16, 2021


© Reuters

Institutional merchants have locked a document sum of capital into funding merchandise regardless of commerce quantity declining in the course of the second half of 2021.

In accordance with CoinShares’ Nov. 15 “Digital Asset Fund Flows Weeklyreport, Bitcoin (BTC) funding merchandise noticed whole inflows of $97.5 million between Nov. 8 and Nov. 12 — pushing the sector’s belongings below administration (AUM) as much as a document $56 billion. Yr-to-date (YTD) inflows additionally tagged $6.5 billion final week.