Bitcoin Generates Gains in Digital Asset Market as Grayscale Selling Slows
THE walk has do A big change In THE last two weeks, Since almost $500 million while going out has $708 million future In, according to has CoinShares.
![Bitcoin boosts assets Digital Market Gains as Grayscale Sales Slows](https://images.cointelegraph.com/cdn-cgi/image/format =auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2024-02/d12accc4-99ca-406d-b47f-e2450819cee0.jpg)
THE digital assets walk grown up during THE week that began on Jan. 29, with global digital assets below management reach $53 billion. THE earnings were largely due has investments In Bitcoin (BTC), according to has alternative active director CoinShares.
Influx In THE digital active walk was rising has $708 million In THE week, with $703 million of that Rising moving In THE United States. This compared with A $499.7 million total exit during THE week of Jan. 22. BTC accounted for For 99% of all walk influx during THE week of Jan. 29, totaling $703 million, compared with has A BTC exit of $5.3 millions.
Starters In all exchange traded some products came has $8.2 billion, down Since $10.6 billion In THE previous week. THE United States saw THE most action, with $721 million future In. That figure compared with favorably with THE previous weeks $408.8 million WE. exit.
![](https://s3.cointelegraph.com/uploads/2024-02/ec99631c-c5a5-415f-9d0d-e659e3a6a1a7.png)
THE new WE. walk For BTC place exchange traded funds (AND F) saw A total of $1.7 billion come In, down Since A weekly average of $1.9 billion Since their launch on Jan. 11. Nevertheless, THE walk East growing:
"This [influx In WE. BTC AND F] has has been compensate for by exits Since holder transmitters, which total 6 billion US dollars, but data emphasize A significant reduction In momentum of these exits. »
THE Shades of grey Bitcoin Trust (GBTC) ETFs sold disabled $926.7 million of BTC, And Pro Shares sold $108.9 million of BTC, but those exits were compensate for THE iShares (Black rock) And loyalty ETFs, which added $1.6 billion between them.
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![Bitcoin Generates Gains in Digital Asset Market as Grayscale Selling Slows](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDIvZDEyYWNjYzQtOTljYS00MDZkLWI0N2YtZTI0NTA4MTljZWUwLmpwZw==.jpg?#)
THE walk has do A big change In THE last two weeks, Since almost $500 million while going out has $708 million future In, according to has CoinShares.
![Bitcoin boosts assets Digital Market Gains as Grayscale Sales Slows](https://images.cointelegraph.com/cdn-cgi/image/format =auto,onerror=redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2024-02/d12accc4-99ca-406d-b47f-e2450819cee0.jpg)
THE digital assets walk grown up during THE week that began on Jan. 29, with global digital assets below management reach $53 billion. THE earnings were largely due has investments In Bitcoin (BTC), according to has alternative active director CoinShares.
Influx In THE digital active walk was rising has $708 million In THE week, with $703 million of that Rising moving In THE United States. This compared with A $499.7 million total exit during THE week of Jan. 22. BTC accounted for For 99% of all walk influx during THE week of Jan. 29, totaling $703 million, compared with has A BTC exit of $5.3 millions.
Starters In all exchange traded some products came has $8.2 billion, down Since $10.6 billion In THE previous week. THE United States saw THE most action, with $721 million future In. That figure compared with favorably with THE previous weeks $408.8 million WE. exit.
![](https://s3.cointelegraph.com/uploads/2024-02/ec99631c-c5a5-415f-9d0d-e659e3a6a1a7.png)
THE new WE. walk For BTC place exchange traded funds (AND F) saw A total of $1.7 billion come In, down Since A weekly average of $1.9 billion Since their launch on Jan. 11. Nevertheless, THE walk East growing:
"This [influx In WE. BTC AND F] has has been compensate for by exits Since holder transmitters, which total 6 billion US dollars, but data emphasize A significant reduction In momentum of these exits. »
THE Shades of grey Bitcoin Trust (GBTC) ETFs sold disabled $926.7 million of BTC, And Pro Shares sold $108.9 million of BTC, but those exits were compensate for THE iShares (Black rock) And loyalty ETFs, which added $1.6 billion between them.
Digital active invests...
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