Bitcoin's on a roll, and it's not just for breakfast! 🍳 Crypto investors are on a shopping spree, with Bitcoin hitting new highs and investment products seeing inflows for the 10th week straight. CoinShares reports a cool $3.2 billion in inflows from Dec. 9–13, adding to a whopping $44.5 billion for 2024.
- Bitcoin leads the charge with $2 billion in inflows, while short BTC products saw a modest $14.6 million.
- BlackRock's iShares Bitcoin Trust ETF is the star, while Grayscale's Bitcoin Trust faced a $145 million outflow.
- Ether ETPs aren't lagging, marking their seventh week of inflows at $1 billion.
Globally, the U.S. leads with $3.1 billion, while Sweden plays the contrarian with $19 million in outflows. Keep those crypto wallets ready!