Biggest Entry to Cryptocurrency Funds in 36 Weeks: Are Institutions Expecting an Uptrend?

While Bitcoin (BTC) was trying to hold on to the levels of 27-28 thousand dollars, a net inflow of 160 million dollars was seen after a 6-week exit to the institutional funds in the crypto money market.

In the data shared on the official blog page of Coinshares, in the last 6 weeks $408 million net to outgoing corporate funds $160 million entry was stated. Moreover 160 million last dollar entry 36 weeks recorded as the largest inflow of money. According to experts, such a large entry indicates that institutional investors are expecting a rise in Bitcoin.

In addition, the funds of Bitcoin, which has been in a nearly stable position for the last 7 days, Net inflow of $127 million was stated.

While the most money inflow is in Bitcoin, the short (short) Bitcoin fund 31 million dollars money was noticed.

5.2 on Ethereum Million dollars While money outflow was seen, there was money inflow in major altcoins. to Solana (LEFT) 4.8 million dollars to Ripple (XRP) 1.2 million dollar And to polygon (MATIC) 1.9 million There was an inflow of dollars.

Most of the money inflows 69 million in dollars USA, 57 million in dollars from Germany And 26 million in dollars from Canada came.

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