There still isn’t a Bitcoin exchange traded fund in the United States, but there exist several cryptocurrency index funds. Other countries also have Bitcoin-related exchange traded products. Either way, data confirm capital is still flowing into these products following Bitcoin’s recent ascent. “Inflows last week totaled US$29m, a marked decline from the week before Christmas with a record inflow of US$1.09bn. Furthermore, given the recent record price levels, we have witnessed evidence of potential profit taking with some investment products seeing outflows,” notes James Butterfill, Investment Strategist at ... (full story)