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Institutional Investors Flip 5-Week Outflows, Is A Major Bitcoin Uptick on The Horizon?

  • Institutional investors flipped five consecutive weeks of outflows, resulting in a $644 million net inflow.
  • CoinShares Digital Asset Weekly Flow data shows institutional investors poured $724 million into Bitcoin funds.
  • Bitcoin remains the center of attention for most wealth managers, leading to a significant increase in institutional capital in the market.
  • While altcoins like XRP, Solana, and Cardano showed mixed sentiments, Ethereum recorded outflows of $86 million.

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