Bitcoin Inflows: German Transfers and US ETFs
The recent surge in Bitcoin inflows has grabbed the attention of the crypto world. This applies even more to German government Bitcoin transfers and US Spot Bitcoin ETFs. Also Read: Bitcoin ETF Flows: Navigating the Latest DeFi Market Trends bitcoin -in flows -and-us- ETF -insights">German Bitcoin In flows and US ETF Insights bitcoin -in flows ">Overview of German Bitcoin In flows Late last night, the German government wallet that’s used by the German authorities to send large quantities of Bitcoin to exchanges and market entities has received 2442 Bitcoins back. As a source notes: ‘’While the German government has continued offloading their Bitcoin holdings, institutional investors have seen this as a buying opportunity to accumulate more.’’ This return of funds happened immediately after a large outflow to exchanges and various entities, with over 10,853 Bitcoins worth $637.7 million at the time transferred out. Also Read: German Government Sells $951M Worth of Bit...