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Institutions Are Back in Full Risk-On Mode!
Digital asset investment products recorded another strong week with US$857.9M in inflows, making it six straight green weeks and the biggest weekly inflow since April.
Bitcoin pushed back above US$80K for the first time since the February correction, while confidence around the CLARITY Act continues improving overall market sentiment. Total assets under management across digital asset products have now reached US$160B and B $BTC alone saw US$706.1M in inflows, while short-Bitcoin products recorded their largest outflows this year. That usually signals traders are closing bearish hedges and leaning more bullish on the current move.
Momentum is building again, and institutions are clearly not sitting on the sidelines anymore!
#Bitcoin #Macro #Insights #GateSquareMayTradingShare