Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows

A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market, according to a report from CoinShares published on July 10. 

This week’s inflows registered $136 million. Bitcoin (

Despite the continuing positive news surrounding inflows, some investors appear to be getting nervous over the lack of a clear trend.

Positive sentiment generated by the expectation that one or more companies would finally receive authorization from the United States government to offer BTC as a spot exchange-traded fund may be tapering off as the process wears on.

There also remains an air of uncertainty, as the U.S. Securities and Exchange Commission’s ongoing litigation against Binance and Coinbase continues with no clear sign as to how the courts will decide.

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