Home Business News Institutional crypto products eye record AUM as investors pile into Bitcoin By Cointelegraph

Institutional crypto products eye record AUM as investors pile into Bitcoin By Cointelegraph

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Institutional crypto products eye record AUM as investors pile into Bitcoin By Cointelegraph

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© Reuters.

Institutional investors are continuing to pile into (BTC) despite prices pushing up to a five-month high.

According to CoinShares’ Tuesday “Digital Asset Fund Flows Weekly” report, more than $226 million in capital flowed to institutional Bitcoin products this past week. Bitcoin products dominated inflows for the third consecutive week, posting a week-over-week increase of 227%.