NFT News Daily Offcial TheBitTimes.com

Institutional crypto investment products enjoyed massive inflows last week despite uncertainty in the US markets, according to a leading digital asset research manager. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that year-to-date (YTD) institutional crypto inflows reached nearly $50 billion last week despite the volatile state of US-China tariff relations. “Digital asset investment products recorded inflows of US$3.17bn last week despite the significant price correction cause by the China tariff threats by the US. Friday saw little reaction with a paltry US$159m outflows. Year-to-date (YTD) inflows have now surpassed the record inflows last year, totalling US$48.7bn so far in 2025. Weekly volumes on digital asset ETPs were the largest on record at a whopping US$53bn for the week, double the 2025 weekly average, with Friday volumes being the largest daily on record at US$15.3bn. Total assets under management (AuM) following the tar...

The Bitcoin price climbed 2% in the last 24 hours to trade at $95,650 as of 2.30 a.m. EST on trading volume that dropped 25% to $29.96 billion. The BTC price has seen struggles throughout the second half of December 2024, ever since it exceeded $107k on December 17. Its price even dropped to $91,392 on December 30 as the coin reached its lowest point since mid-November. However, the start of the new year has brought a strong and steady price surge which already allowed BTC to recover to $95.6k. This likely comes from a growing trader and investor optimism, since many believe that 2025 will bring a massive year-long rally that would propel not only Bitcoin but the entire crypto industry to new heights. In fact, CoinShares’ head of research, James Butterfill, says Bitcoin could ultimately hit $250,000 per coin, which would be an increase of over 160% from its current price. That won’t be this year though, with Butterfill expecting a maximum surge to $150k in 2025. It could...