Bitcoin still gets positive flows despite all of the chaos in the market.
Global geopolitical tensions affect the crypto market. If not directly, at least indirectly.
Bitcoin, along with most other coins dropped 10%-15% in value over the past week.
Amidst the unfavorable environment, digital asset investment products saw inflows worth $109 million last week.
The latest data marks the fifth consecutive week of inflows.
While inflows were seen in both Europe and the Americas, it was predominantly the latter with inflows totalling US$101m.
It's true that positive institutional flows are more prevalent in the United States compared to Europe.
The lower-bound of this channel has historically increased in near-linear fashion, suggesting that the pool dependable Bitcoin users (the HODLers) is still growing over the long-term.