BREAKING
434d 1h ago

Grayscale BTC Sees Massive $61.3 Million Net Inflow Amid Growing Institutional Interest

BTC

BTC/USDT

$89,857.27
+0.67%
24h Volume

$29,945,609,498.74

24h H/L

$90,574.00 / $87,263.53

Change: $3,310.47 (3.79%)

Long/Short
72.4%
Long: 72.4%Short: 27.6%
Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$90,054.01

0.67%

Volume (24h): -

Resistance Levels
Resistance 3$97,078.06
Resistance 2$92,960.83
Resistance 1$91,098.27
Price$90,054.01
Support 1$89,023.32
Support 2$87,263.53
Support 3$84,681.20
Pivot (PP):$89,902.41
Trend:Downtrend
RSI (14):45.2
Grayscale BTC Sees Massive $61.3 Million Net Inflow Amid Growing Institutional Interest

In a recent analysis by COINOTAG, dated November 14th, substantial inflows into cryptocurrency investment products have been reported. Notably, Grayscale has seen a significant net inflow of $61.3 million into its BTC offerings, reflecting growing institutional interest in Bitcoin as a store of value. Meanwhile, ARKB recorded a net inflow of $14.5 million, indicative of persistent confidence in innovative blockchain solutions. Additionally, BITB attracted $12.3 million, showcasing robust demand for diversified crypto assets. Lastly, HODL experienced a net inflow of $5.1 million, suggesting a strategic accumulation among long-term investors. These figures highlight a shifting landscape where institutional participants are increasingly influencing the crypto market, signaling a potential maturation of the industry as traditional finance embraces digital currencies.

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