Author: bitcrypto.io

Crypto industry saw over $2b in investments last year

2023 was not just another year for the crypto industry. It was a year that saw a colossal inflow of over $2 billion into digital asset investment exchange-traded products (ETPs), a figure that more than doubled the investments of the previous year. This influx marked 2023 as the third largest year for net inflows since 2017, as per CoinShares data. The landscape buzzed with heightened activity, especially in the final quarter, suggesting investors’ growing confidence, possibly fueled by the SEC’s inclination towards Bitcoin spot-based ETFs in the United States. The Bitcoin Bonanza In this remarkable year for crypto, Bitcoin (BTC) emerged as the undisputed…

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