Although Bitcoin (BTC) has risen above the $28,000 level, a net outflow of $95 million was seen from institutional funds in the cryptocurrency market last week.
In the data shared on Coinshares’ official blog page, net from institutional funds $95 million output While it is stated that in the last 7-day period close to 30% from the funds of Bitcoin that gained value Net output of $112 million was stated.
According to Coinshares data 6th week cash out total loss of the entire managed asset 1.2% the one which… $406 million reached.
While the most money outflow is in Bitcoin, in the short Bitcoin fund $34.7 million money was noticed.
on Ethereum $12.7 million While money outflow was seen, there was money inflow in major altcoins. 200k in Solana (SOL), Litecoin (LTC) and Polygon (MATIC) dollar $ 400 thousand to Ripple (XRP)There was an inflow of money.
Stating that the assets managed have increased compared to the previous week, Coinshares stated that the transaction volume in investment products has increased. 2.6 billion reaching the average doubled he said he has reached. Coinshares also added that the total number of digital asset products since the Three Arrow Capital (3AC) bankruptcy. 33 billion in dollars reached the highest level told.
On the other hand, it ranks first in country-based exits. 24.3 million While Germany takes place with the dollar exit, then 12.8 million Canadian dollar, 11.6 million came to Sweden.