Bitcoin While and altcoins started the week positively ahead of the US CPI and PPI data expected to be announced this week, Coinshares published its weekly cryptocurrency report.
Stating that it experienced an inflow of 130 million dollars in cryptocurrency investment products last week, Coinshares said that it saw a total inflow of 130 million dollars for the first time in five weeks.
“Cryptocurrency investment products saw total inflows of $130 million for the first time in five weeks.
Regionally, the US saw inflows totaling $135 million, with Grayscale seeing the lowest weekly outflows since January.”
ETH Sales Increased as Ethereum ETF Approval Expectations Dim!
When looking at crypto funds individually, the majority of fund inflows BitcoinIt was seen that it was in .
BTC is the largest altcoin while experiencing an inflow of $ 144 million Ethereum (ETH) It saw an outflow of $14.4 million after the previous week, when it broke its 7-week debut streak and experienced an inflow.
The short BTC fund, which is indexed to the decline of Bitcoin, saw an outflow of 5.1 million dollars.
Other altcoinWhen we look at the Litecoin (LTC) 0.1 million dollars, Polkadot (DOT) $1.2 million and Solana (LEFT) It had an inflow of $5.9 million.
“Bitcoin has seen inflows of $144 million, rebounding from a weak month so far. Short Bitcoin saw a total outflow of $5.1 million, and outflows in the last 8 weeks reached $18 million.
“Low engagement from US regulators with ETF issuer filings for a spot Ethereum ETF has fueled speculation that ETF approval will not occur anytime soon, reflected in Ethereum outflows totaling $14 million last week.”
When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an inflow of 135 million dollars.
After the USA, Hong Kong ranked second with 19 million dollars.
Against these inflows, Canada received 20 million dollars; Germany, on the other hand, experienced an outflow of 14.9 million dollars.
*This is not investment advice.
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