136 Million Entries In Cryptocurrency Funds: Institutions Are Turning Bulls On Bitcoin!

Last week, $136 million entered institutional funds in the cryptocurrency market, making up for long-standing losses.

According to the data shared on the official blog page of Coinshares, institutional crypto funds last week. $136 million entry is indicated. Happening in the last 3 weeks 470 million dollars With the inflow of funds, the 9-week outflow of the previous period was neutralized. While Bitcoin is the most demanded product $133 million He attracted attention by receiving money inflows.

However, if in the short Bitcoin fund $1.8 million an exit was found. It is possible for institutional investors to abandon the bearish perception. bull market preparation interpreted as.

Second largest fund inflow Ethereum (ETH) with $2.9 million occurred specifically. Less than 1 month to the halving process to Litecoin (LTC) whereas 500 thousand dollars fund has been received. Left (LEFT) As one of the most popular altcoins by institutions 1.2 million dollars hosted the fund inflow.

on the other hand blockchain stockstotal 15 million dollars with This year’s biggest fund inflow testified.

U.S. Securities and Exchange Commission (SEC) by Binance And to Coinbase classified as securities in lawsuits filed Cardano (ADA) In this process, it became one of the altcoins that lost the most value. ADA-specific exit 1.3 million dollars was recorded as.

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