\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cThis trend is evident in the fact that stronger-than-expected economic data had little impact on stemming outflows,\u201d<\/em> adding that \u201cpolling toward the Republicans,<\/em>\u201d contributed to an \u201cimmediate boost in inflows and prices.\u201d<\/em><\/p>\n\n\n\n

According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

CoinShares report now attributes the inflows to the upcoming US elections<\/a> rather than the Fed\u2019s policy outlook. CoinShares head of research, James Butterfill said:\u00a0<\/p>\n\n\n\n

\u201cThis trend is evident in the fact that stronger-than-expected economic data had little impact on stemming outflows,\u201d<\/em> adding that \u201cpolling toward the Republicans,<\/em>\u201d contributed to an \u201cimmediate boost in inflows and prices.\u201d<\/em><\/p>\n\n\n\n

According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

A weekly CoinShares<\/a> report attributes $407 million inflows into digital asset investment products to US political shifts. The October 5-11 inflows come amid stronger-than-expected economic data in the US.\u00a0\u00a0<\/p>\n\n\n\n

CoinShares report now attributes the inflows to the upcoming US elections<\/a> rather than the Fed\u2019s policy outlook. CoinShares head of research, James Butterfill said:\u00a0<\/p>\n\n\n\n

\u201cThis trend is evident in the fact that stronger-than-expected economic data had little impact on stemming outflows,\u201d<\/em> adding that \u201cpolling toward the Republicans,<\/em>\u201d contributed to an \u201cimmediate boost in inflows and prices.\u201d<\/em><\/p>\n\n\n\n

According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

Total Bitcoin Inflows<\/h2>\n\n\n\n

Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • Political factors relating to the US elections have been attributed.<\/li>\n<\/ul>\n\n\n\n

    A weekly CoinShares<\/a> report attributes $407 million inflows into digital asset investment products to US political shifts. The October 5-11 inflows come amid stronger-than-expected economic data in the US.\u00a0\u00a0<\/p>\n\n\n\n

    CoinShares report now attributes the inflows to the upcoming US elections<\/a> rather than the Fed\u2019s policy outlook. CoinShares head of research, James Butterfill said:\u00a0<\/p>\n\n\n\n

    \u201cThis trend is evident in the fact that stronger-than-expected economic data had little impact on stemming outflows,\u201d<\/em> adding that \u201cpolling toward the Republicans,<\/em>\u201d contributed to an \u201cimmediate boost in inflows and prices.\u201d<\/em><\/p>\n\n\n\n

    According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

    Total Bitcoin Inflows<\/h2>\n\n\n\n

    Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

    The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Digital asset investment products saw $407 million inflows and BTC $419 million inflows.<\/li>\n\n\n\n
  • Political factors relating to the US elections have been attributed.<\/li>\n<\/ul>\n\n\n\n

    A weekly CoinShares<\/a> report attributes $407 million inflows into digital asset investment products to US political shifts. The October 5-11 inflows come amid stronger-than-expected economic data in the US.\u00a0\u00a0<\/p>\n\n\n\n

    CoinShares report now attributes the inflows to the upcoming US elections<\/a> rather than the Fed\u2019s policy outlook. CoinShares head of research, James Butterfill said:\u00a0<\/p>\n\n\n\n

    \u201cThis trend is evident in the fact that stronger-than-expected economic data had little impact on stemming outflows,\u201d<\/em> adding that \u201cpolling toward the Republicans,<\/em>\u201d contributed to an \u201cimmediate boost in inflows and prices.\u201d<\/em><\/p>\n\n\n\n

    According to the CoinShares report, Republicans are widely seen to support digital assets. A recent report<\/a> by the New York Times has projected a Republican control of the US Senate in the November 5 elections.\u00a0<\/p>\n\n\n\n

    See Related: <\/em><\/strong>Spot Bitcoin ETFs Show Resilience As Market Faces Continued Volatility<\/a><\/p>\n\n\n\n

    Total Bitcoin Inflows<\/h2>\n\n\n\n

    Inflows into Bitcoin totaled $419 million, the highest, with only $6.3 million for short-Bitcoin investment products. Blockchain equity exchange-traded funds (ETF) saw $34 million in weekly inflows, the largest in 2024.<\/p>\n\n\n\n

    The inflows coincided with a rise in the price of Bitcoin, which hit $66,000 on October 14, the date of the CoinShares report. The price of Bitcoin last tested this level in late September, rekindling bullish interest<\/a> should the level be broken.<\/p>\n","post_title":"CoinShares Report Links Bitcoin And Crypto Asset Inflows To US Political Shifts","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"coinshares-report-links-bitcoin-and-crypto-asset-inflows-to-us-political-shifts","to_ping":"","pinged":"","post_modified":"2024-10-20 03:28:17","post_modified_gmt":"2024-10-19 16:28:17","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19200","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n