Bitcoin Institutional Rally Cools Down with U.S. Inflows Dropping by About 90% – U.Today

Institutional investments in digital assets have totaled $288 million in the last week, making it almost $9 billion YTD.

In terms of flows by asset, Bitcoin, as always, saw the majority of inflows at $269 million, which brings month-to-date inflows to $2 billion for October.

Etherum has finally broken the outflow week, totaling $17 million in inflows last week, with YTD inflows remaining at $1 billion.

The main reason for this is the popularity of specific products that bring something unique to the market like Polkadot, Bitcoin or Solana.

Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

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