Cryptocurrency

The Cryptocurrency Exchange-Traded Fund weekly cash inflows the most significant since its launch.

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According to a report on digital currency markets, JPMorgan stated that ETF investments reached their highest point since their introduction this week.

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The financial institution approximates that there were around $132 million in initial net purchases of U.S. spot Bitcoin ETFs on Thursday, March 14, marking the 44th day of trading for this particular group.

“Daily total flows (excluding GBTC) amounted to $389mn, a considerable decrease from the record high of over $1.1bn in daily total flows observed just a few days ago,” analysts mentioned.

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