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Amid the ongoing potential approval of a <a href="https://news.todayq.com/spot-bitcoin-etfs-could-be-approved-by-early-january/">spot Bitcoin Exchange Traded Fund</a> (ETF) and the ongoing bull run, substantial inflows in digital asset investment products have been observed. According to a recent report, this marks the 11th consecutive week in which digital asset investment products have seen an inflow totaling $43 million this week. $43 million inflows from digital investment products this week 
However, the $43 million inflow from digital investment products has relatively declined compared to the earlier week’s inflows. If we examine the source of providers participating in this week’s inflows, we find Grayscale Investments LLC, CoinShares XBT, 21Shares AG, Bitwise 10 Crypto Index Fund, and others. 
Additionally, the top assets contributing to these inflows include Bitcoin, Ethereum, Solana, Litecoin, XRP, Cardano, and others. It seems that these providers are making a substantial bet on these top cryptocurrencies. Furthermore, as these providers have consistently made inflows for the last 11 weeks, this might be another reason, apart from the potential approval of a spot Bitcoin ETF, that has caused a significant price surge in all these aforementioned cryptocurrencies in recent weeks. Source: CoinShare 
The region that consistently dominates this major inflow is Europe, with an influx of a massive $43 million, while the United States comes in second with an influx of over $14 million. Additionally, half of these inflows are for short positions. 
Apart from the inflows, Hong Kong saw its second consecutive week of outflows totaling $8 million, whereas Brazil also experienced a minor outflow of around $4.6 million.&nbsp; 
Also Read: <a href="https://news.todayq.com/crypto-market-crash-400-million-in-liquidations-amid-bitcoin-slide/">Crypto market faces sharp Sell-Off, $400 million liquidations reported</a> Minor outflows cause price correction 
Comparing this inflow and outflow data, it is clear that the inflows of digital investment products are high compared to the outflows, indicating that the market may experience a minor correction.&nbsp; 
Additionally, on December 11, 2023, the overall cryptocurrency market experienced a price correction. Upon examination of top cryptocurrencies like Bitcoin and Ethereum, both of these digital assets showed a price drop of over 3% individually. However, it’s important to note that this price drop occurred after a significant surge in prices. 
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Crypto-linked investment records non-stop inflows, Is BTC ETF approval imminent?

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