Bitcoin (BTC) prices fell to $37,040 as CoinShares reported exchange-traded products (ETPs) drew $312 million in inflows for the week ending Nov. 24, totaling $1.5 billion year-to-date. Cryptocurrency inflows hit $346 million, marking nine consecutive weeks of positive flows. CoinShares linked the surge to Canadian and German ETPs, accounting for 87% of inflows, hinting at growing optimism for a US Bitcoin ETF approval after BlackRock and Grayscale engaged with the SEC on Nov. 22.
Inflows into Bitcoin investment products reach $1.5B year-to-date
