We continue to regularly examine the state of institutional demand for cryptocurrencies. After several weeks, a significant change is occurring. Due to Trump’s insistence on tariffs and negative macroeconomic data, the price of BTC ($96,888.40) is stuck around $97,000. So, what is the current situation with institutional inflows?
Institutional Cryptocurrency Demand
For 19 weeks, there have been consistent net inflows into cryptocurrency investment products that attract institutional and professional investors. Demand in the ETF and ETP ($0.00) channels approached $30 billion after the elections. In the first 19 weeks following the launch of the U.S. Spot BTC ETF in January 2024, there was a net inflow of $16 billion.
In the 19 weeks since the November elections, we saw a net inflow of $29.4 billion. However, last week marked the first time that net inflows shifted to net outflows, experiencing a $415 million sale.

Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals | Short Urls
Design By New Web | ScriptNet