Fresh cash has started hitting CoinShares tracks all crypto funds from the U.S. to Europe and Australia. Most of last week’s movements entered American funds, particularly the new spot ETFs that give traditional stock investors exposure to Bitcoin.The report added that European investors pulled $14 million out of A number of high-profile investment firms are hoping to “Low interaction by the U.S. regulators with ETF issuer applications for a spot Ethereum ETF have increased speculation that the ETF approval is not imminent,” CoinShares wrote. “This has been reflected in outflows which totalled $14 million last week.”Perhaps the best news for investors who are long on Bitcoin is that the amount of money leaving Since shifting from a closed-end fund model to an ETF, investors have But at the start of this month, GBTC inflows could lead to the price of the asset going up if more investors want exposure to the biggest cryptocurrency by market cap, CoinShares said.Bitcoin is now trading for $62,810 per coin, CoinGecko says. It touched a new all-time high in March of nearly $74,000 but has since struggled due to dying ETF hype. Just a fortnight ago, the Bitcoin ETFs Could investors be hungry for Bitcoin again?Edited by Ryan Ozawa.
