Bitcoin ETF flows leave institutional demand unclear
Billions are being returned to bitcoin exchange-traded funds (ETFs), but statistics alone don’t reveal how much demand comes from institutions, according to CoinShares. US crypto investment products attracted nearly $4.1 billion in September, with BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounting for more than 53% of those inflows, James Butterfill, head of research at CoinShares, … Read more