crypto asset manager Coinsharesannounced its weekly asset report. The fact that the crypto money market, which has been creeping for months, started to stir since the beginning of the year, apparently also affected the company.
Coinshares announced in its latest report yesterday that there has been an inflow of $ 9.2 million into digital asset investment products. Trade volume was relatively low at $880 million.
According to the weekly asset report, exiting cryptocurrencies were $3.3 million and $0.3 million, respectively. XRP and TRON it happened. In addition, $ 1.5 million out of Bitcoin short transactions was realized.
On the buying side, the leading cryptocurrencies Bitcoin and Ethereum drew attention. Weekly Bitcoin purchase amounted to $10.1 million. After 2 months, Ethereum entry was seen for the first time in the fund. Coinshares has added $5.6 million worth of Ethereum to its holdings.
Latest Situation in Ethereum
Holds the title of the second largest (excluding stablecoins) cryptocurrency by market cap Ethereum The week started off calmly.
ETH, which gained around 20% in value last week and broke the $1,425 resistance, maintains its gains for now. The market is eagerly awaiting how the ETH price will react to the $1,650 barrier in the coming days. If ETH fails to pass this level, it may revisit the $1,425 stop.
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