BREAKING
452d 16h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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