Bitcoin ETFs Gobbled Up 87% of Last Week’s Institutional Crypto Inflows—Wall Street Finally Wakes Up
While traditional finance was busy debating yield curves, Bitcoin ETFs quietly vacuumed up $2.3 billion in institutional capital last week—accounting for nearly 9 out of every 10 dollars flowing into crypto.
CoinShares data reveals the brutal efficiency of these regulated on-ramps: why bother with cold storage when you can get your BTC fix through the same custodians holding your municipal bonds?
The kicker? This surge comes as gold ETFs hemorrhage $7 billion this year. The ’digital gold’ narrative isn’t just marketing anymore—it’s where the smart money’s parking.
Funny how fast Wall Street warms to an asset class once there’s a way to skim fees off it.