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Crypto-linked investment products experienced the second-largest inflow of 2024 last week, amounting to $708 million, nearly 99% of which came from Bitcoin.  The U.S. market recorded $721 million in inflows , with the fresh ETFs alone gathering $1.7 billion. According to CoinShares research, spot Bitcoin ETFs have consistently attracted an average of $1.9 billion in capital over the past month, culminating in a total of $7.7 billion since their approval.  Bitcoin ETFs have maintained an average inflow of $1.9 billion over the last four weeks, reaching a cumulative $7.7 billion since they were first introduced in the second week of January. Despite this surge, there has been a $6 billion withdrawal from established funds, including Grayscale and ProShares. However, recent data indicates a noticeable slowdown in these outflows. You might also like: Solana network usage hits all-time high; will SOL price reach $120? Bitcoin ETF investment inflow chart | Source: CoinShares ...

Bitcoin whales account for the most exchange inflows volume-wise since June 2022, as short-term holders become increasingly active. Bitcoin (BTC) whale buying and selling in 2023 is mostly from speculative investors, new data reveals. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode showed that contrary to popular belief, opportunistic entities are the most active whales. The birth of the Bitcoin "short-term holder" whale Since BTC price action returned to $30,000, a shift has taken place among Bitcoin traders. As Glassnode shows, so-called short-term holders (STHs) — investors holding coins for a maximum of 155 days — have become significantly more common. As it turns out, the largest-volume investor cohorts, the whale s, are also composed of large numbers of STHs. “Short-Term Holder Dominance across Exchange Inflows has exploded to 82%, which is now drastically above the long-term range over the last five years (typically 55% to...