According to data shared by digital asset manager CoinShares, there was a net inflow of $8.3 million into institutional funds in the cryptocurrency market over the past week.
In the data shared on the official blog page of Coinshares, Low I/O lately said to continue. Also this week $8.3 million entry Total fund outflow in 7 weeks, together with It fell to $85 million.
CoinShares stated in his post that the long-term money outflow in Ethereum has stopped, while a small amount of money has been added to Bitcoin this week after last week. He said there was an inflow of funds.
While there was money inflow to Bitcoin and many crypto money funds last week, short Bitcoin fund 5.1 million dollars money outflow. Altcoins received a total of $2 million in small amounts of money. $100,000 to Cardano, $400,000 to Cosmos, and $500,000 to Ripple entry seen.
last week total 6.9 Ethereum, which has a million dollar fund inflow, is one of the investment products with the highest output since the beginning of the year.
