U.S. Loads Up, Germany Cashes Out as BTC Holds Near $119K
Good Morning, Asia. Here’s what’s making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.
As bitcoin
trades near $119,500, having just recently broken through another all-time high of $120,000, digital asset investment products are also breaking records for inflows – but there’s a regional disparity.
According to CoinShares, U.S.-listed funds dominated with $3.74 billion in inflows, while Germany saw $85.7 million in outflows, underscoring a growing divergence in global institutional sentiment.
This robust institutional appetite in the U.S. is exemplified by…
