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Institutional Investors Focus Strongly on Bitcoin as Cryptocurrency Surges to New Highs

July 4 (Cointime) - Institutional investors have been showing a strong interest in Bitcoin as it continues to surge and reach new price highs. According to CoinShares' Head of Research, Bitcoin-related products attracted $310.6 million in inflows over the past two weeks, marking a notable shift from the previous nine consecutive weeks of outflows.

The inflows during the last two weeks accounted for an impressive 98% of all digital asset flows, emphasizing the overwhelming focus on Bitcoin. While Ethereum has also witnessed a positive trend in investment product inflows, the majority of institutional attention remains centered on Bitcoin.

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