Bitcoin maintained a stable price range between $67,000 and $68,000 in recent weeks as per the latest data. Coinshares released a weekly report highlighting the market's positive momentum, with a substantial $185 million inflow in cryptocurrency investment products for the week. Year-to-date, the total inflows exceeded $15 billion, with Bitcoin attracting the majority of the funds at $148 million. Notably, Ethereum experienced a significant sentiment shift, drawing in $33.5 million. Alongside Bitcoin, other altcoins like Solana, Chainlink, and Litecoin also saw favorable inflows. The sentiment towards Bitcoin ETFs remained upbeat, with a significant influx of $148 million and a minor outflow in short BTC funds. Ethereum's sentiment turned bullish following the approval of a spot ETF by the SEC, expected to launch in July 2024, a notable reversal from the recent outflows. This positive sentiment also impacted Solana, witnessing a $5.8 million increase. In terms of regional fund flows, the USA led with $130 million, followed by Switzerland and Canada. Sweden received $5.1 million while Brazil faced an outflow of $4.4 million.
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