July 4 (Cointime) - According to CoinShares, institutional investors have been primarily focused on Bitcoin over the past two weeks, with $310.6 million of inflows into Bitcoin-related products. This represents 98% of all digital asset flows, and is a reversal from the previous nine weeks of outflows.

The surge in Bitcoin's price and dominance has been attributed to BlackRock's June 15 spot Bitcoin ETF application, followed by similar filings from other major companies. Meanwhile, Ethereum investment products saw inflows of $2.7 million last week, reversing a lengthy outflow trend.