While Bitcoin (BTC) continues to hover around the $51,000 level, last week saw an inflow of $598 million into institutional cryptocurrency funds.
In the data shared by Coinshares on its official blog page, there was a net increase in corporate cryptocurrency funds last week. 598 million It was stated that the entry was in dollars. Favorite altcoin of last year While there was an exit from Solana, money flowed into other altcoins.
It ranks first in corporate cryptocurrency funds, as in the past weeks. with $569.5 million again Bitcoin (BTC) took place.
on the other hand $16.8 million in Ethereum (ETH) fund entry while being short Bitcoin from the fund 3.9 million dollarAn output of 100% was observed.
While asset outflow continues from Solana (SOL), the altcoin with the highest inflow of money last year, institutional investors Cardano (ADA), Ripple (XRP) and Litecoin (LTC) headed.
From Solana last week $3 million exit to Cardano while being seen half million dollar, to Litecoin $1 million And 1.1 million to Ripple dollar money inflow happened.
According to the Coinshares report, US investors were among the top purchasing countries. US investors poured $609 million into the cryptocurrency market, especially Bitcoin, last week alone. The majority of these were purchases by spot Bitcoin ETF issuers.
However, in Canada $17.8 million and in Sweden 8 million dollars exit occurred.
