Serious investors are investing heavily in Bitcoin funds, with the biggest 10-week inflows since the 2021 bull run. Digital asset fund manager CoinShares reported that last week, money going into crypto investment products hit $176 million, reaching a 10-week total of $1.76 billion. The inflows were last this high in October 2021 when the first-ever Bitcoin futures exchange-traded fund hit the American market. Analysts speculate that a bull run may be on its way, with hype around the potential approval of a spot Bitcoin ETF leading investors to pour money into the space.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Investors Flood Crypto Funds with Cash, Bitcoin Inflows Reach 10-Week High
-
Wechat scan to share
Recommended for you
-
Data: U.S. public debt surges in the past three weeks, increasing by $455 billion
On October 18th, according to Bloomberg terminal data, as of October 15th, 2024, the total amount of US public debt reached a historic high of approximately $35.75 trillion. In just the past three weeks, US debt has increased by $455 billion. -
The Trump family will receive 75% of WLFI's net income and will not bear any liability
The Trump family's encrypted project World Liberty Financial (WLF) has released a 13-page "World Liberty Gold Paper" document that details the project's mission and token allocation plan. The document shows that the Trump family will receive 75% of the project's net income without any liability. -
US spot Bitcoin ETFs saw a net inflow of $470 million yesterday
According to TraderT's monitoring, the net inflow of the US spot Bitcoin ETF was $470 million yesterday. -
BlackRock IBIT had a net inflow of $319.7 million yesterday
According to data monitored by Farside Investors, BlackRock's iShares iBoxx $ Investment Grade Corporate Bond ETF had a net inflow of $319.7 million yesterday. -
The US dollar index DXY rose more than 20 points in the short term and is now at 103.66
The US dollar index DXY rose more than 20 points in the short term after the release of US economic data, now reporting at 103.66. -
The number of first-time unemployment claims in the United States last week was 241,000
The number of initial jobless claims in the United States last week was 241,000, estimated at 260,000, and the previous value was 258,000. -
BTC falls below $67,000
According to market conditions, BTC has fallen below $67,000 and is currently trading at $66,987.6, with a 24-hour decline of 0.96%. The market is volatile, so please be prepared for risk control. -
ETH falls below $2,600
The market shows ETH has fallen below $2,600, currently reporting at $2,599.61, with a 24-hour decline of 0.66%. The market is volatile, please be prepared for risk control. -
ZachXBT: Suspected insiders made $3.8 million in profits on RTR
On August 10th, Chain Detective ZachXBT posted on social media that 4 addresses made a profit of $3.8 million in the RTR sell-off, with the 9G1ELG and GHoW2 addresses belonging to the same person and receiving 500 SOL in new funds within minutes after the TGE. Previously, it was reported that Restore The Republic (RTR) had its TGE on the evening of August 8th, with rumors circulating in the community that it was related to a new project by the Trump family. The RTR token reached a high of $0.156 on August 9th at midnight. Afterwards, Eric Trump, the current Executive Vice President of the Trump Organization and son of Donald Trump, warned on social media to "be careful of false tokens" and that the only official Trump project has yet to be announced and will be announced on Twitter first. After the statement was released, RTR quickly dropped by about 95%, with a trading volume of $164 million within just 15 hours of its creation. -
The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version. Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DAs from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users who pay US cryptocurrency taxes.
Daily Must-Read
-
Uniswap Labs, UNI holders could make $468M a year from new L2: DeFi Report
-
Avalanche Foundation to buy back nearly 2M AVAX sold to Terra in 2022
-
Gold Fever Hits Costco: 77% of Stores Sell Out Amid Soaring Demand for Bullion
-
$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery
-
Former BAYC creative director Jeff Nicholas joins Meta’s Reality Labs
-
Why is Solana's Dogwifhat (WIF) memecoin crashing?
All Comments