Part 3/9:
In navigating the current market landscape, it’s essential to examine institutional investment behaviors. The cryptocurrency market has also witnessed a significant influx of institutional capital, specifically through exchange-traded products (ETPs). The week prior saw record inflows amounting to nearly $3.4 billion, marking one of the highest weekly records. Highlighting the importance of bitcoin, investment products focused on this cryptocurrency drew in an astonishing $3.1 billion alone.