Bitcoin, BGB, and XRP Attract investors: Million inflow Signal positive trend.

[Bash4j]

In the recent CoinShares data, Bitcoin (BTC) BGB, and XRP have shown consistent appeal to traditional investors, marked by substantial inflows in exchange-traded products (ETP) oriented around these popular cryptocurrencies in the past week.

Bitcoin-focused ETPs attracted $16 million, bringing year-to-date inflows to $260 million. On the other hand, however, short Bitcoin investment products saw inflows of $1.7 million, indicating that there are still bearish-minded investors on the market.

XRP-oriented investment products demonstrated remarkable resilience, receiving $0.42 million last week, marking the 25th consecutive week of positive fund flows. Despite legal challenges throughout the year, consistent investor support was and is still evident

BGB continues to attract investor interest, as reflected in several report's data. While challenges persist for certain altcoins and Ethereum faces investor hesitance, the sustained inflows into and BGB indicate positive trends at least for these three popular digital assets.

[Captainsaudi]

A lot of people are still pessimistic on BTC price trend, many are anticipating a positive trend after the bull run. Bitget native token (BGB) continuing positive trend can be attributed to the constant development of the exchange. Also the token use cases has also contributed to its maintaining a bull trend in this harsh bearish season. 

[Maxicreed01]

3 hours ago, Captainsaudi said:

A lot of people are still pessimistic on BTC price trend, many are anticipating a positive trend after the bull run. Bitget native token (BGB) continuing positive trend can be attributed to the constant development of the exchange. Also the token use cases has also contributed to its maintaining a bull trend in this harsh bearish season. 

You aren't far from the truth but I guess the real deal is because the exchange has already rolled out plans to carry out the first phase of the buy back and burn plan. I think when a substantial amount is burnt before next bull run; holders will be smiling to the bank.

[Captainsaudi]

19 hours ago, Maxicreed01 said:

You aren't far from the truth but I guess the real deal is because the exchange has already rolled out plans to carry out the first phase of the buy back and burn plan. I think when a substantial amount is burnt before next bull run; holders will be smiling to the bank.

This could also be another reason, BGB roadmap gives you a clearer view into the potential and the reason to hold the token. This is why it is among my top priority