Crypto-focused #investment funds saw a net inflow of $326 million last week, the largest single-week influx since July 2022. The rally in prices, driven by optimism about the approval of a spot bitcoin #ETF by the #SEC, was the main reason for the inflows. #Bitcoin funds accounted for 90% of the inflows, with some investors hedging their gains or betting on a price reversal.

https://www.coindesk.com/markets/2023/10/30/crypto-funds-see-largest-inflow-in-15-months-with-bitcoin-solana-leading-rally-coinshares/