Cryptocurrency investor appetite supports the price of bitcoin (BTC). (Gemini Pro Image).
The appetite of investors in products related to cryptocurrency and digital assets (how funds and ETFS) sustained the price support of US $ 100,000 from Bitcoin (BTC)even after the world’s largest cryptocurrency pierce this level during the weekend.
The increase in global tensions pressured prices and Bitcoin even touched the level of $ 98,000. However, the recovery of prices is due to the appetite of last week’s investors, according to the weekly survey of Coinshares.
Thus, Cryptocurrency and Digital ETFs and ETFs recorded their 10th consecutive week of liquid entries, totaling US $ 1.24 billion in the interval between June 16 and 20.
As a result, the funds accumulate net inputs of $ 15.1 billion since the beginning of 2025. The most powerful activity at the beginning of the week decreased in the second half due to the holiday of Juneenth in the United States and reports about the hitherto possible involvement of the country in the conflict between Iran and Israel.
It is worth mentioning that last Saturday (21) the US officially entered the war between Iran and Israel, which made the BTC fall over the weekend. On the other hand, The beginning of the week was “less negative”with the recovery of the $ 100,000 level.
Cryptocurrency Funds by Region
Regionally, the US dominated with US $ 1.25 billiontogether with entrances of Canada and Germany, with US $ 20.9 million and US $ 10.9 millionrespectively.
The amount compensated for the Hong Kong and Switzerland exits of US $ 32.6 million and US $ 7.7 million, respectively.
In the division by assets, products related to Bitcoin had a second consecutive week of inputs, totaling $ 1.1 billion – despite the recent price correction, indicating that investors were buying in the downtown.
This feeling was even more supported by small exits of products that bet on the fall (shorts) from BTC, which totaled US $ 1.4 million.
Already the Ethereum (eth) He recorded his 9th consecutive week of entries, totaling US $ 124 million and raising the cumulative total of this sequence to $ 2.2 billion. This marks the longest sequence of entrances since mid -2021, reflecting the robust and continuous feeling of investors in relation to the asset.
Source: Moneytimes
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