In the last week, there has been a significant increase in the amount of digital assets flowing into cryptocurrency investment products. The net inflow of funds for this period was $862 million, which is a stark contrast to the previous week where there were net outflows of $931 million.

This shift in trend indicates a renewed interest in the cryptocurrency market and a growing confidence in the potential for profitable investment opportunities.

According to recent reports, the popularity of spot Bitcoin exchange-traded funds (ETFs) appears to be declining. The daily trading volume of ETFs has dropped significantly to $5.4 billion, which represents a 36% decrease from its peak of $9.5 billion.

This peak was recorded during the first week of March, when interest in Bitcoin and other digital currencies was booming. The decline in trading volume could be attributed to a number of factors, including increased regulatory scrutiny, concerns about market volatility, and a shift towards alternative investment options.

Despite this drop, Bitcoin remains a popular investment option for many individuals and institutions, and the overall value of the cryptocurrency market continues to grow.

According to recent reports, Bitcoin has emerged as the top digital asset in terms of inflows, with a whopping $863 million. This surge in demand has been largely attributed to the growing popularity of ETFs, where spot BTC ETFs recorded inflows of $1.8 billion.

In contrast, the Grayscale Bitcoin Trust (GBTC) saw outflows of $965 million during the same period. This trend suggests that investors are increasingly turning to ETFs as a more accessible and cost-effective way to invest in Bitcoin, as compared to traditional investment options.

Also Read: Bitcoin Futures Options Expiry: Market Holds Steady Above $69K Amid Record Activity – Blockmagic