Latest Situation in Cryptocurrency Funds: Record Institutional Entry to Ethereum Rival Altcoin!

As Bitcoin (BTC) tried to hold on above the $27,000 level, institutional cryptocurrency funds saw inflows for the second week in a row.

In the data shared on the official blog page of Coinshares, it was stated that there was an inflow in institutional cryptocurrency funds for the second week in a row. Last week corporate cryptocurrency to the funds net worth 78 million dollars while money is coming in in Solana The huge inflow of money attracted great attention.

It ranks first in corporate cryptocurrency funds, as in the past weeks. with $42.7 million again Bitcoin (BTC) took place. However in Solana The inflow of money excited investors.

on the other hand 7 weeks to Ethereum (ETH) After a long period of time like 10.2 million dollar fund entry with while being There was a lot of fund outflow this year short Bitcoin also to the fund 1.2 million dollarAn inflow of 100,000 was observed.

Record money inflow to Solana (SOL)!

While there is not much volume in altcoins under normal conditions, last week in Solana The entrance left jaws agape. of this year 24 weeks out of 28 weeks Solana, which experienced fund inflows, 24 million dollars investment It once again became the most popular altcoin. last week Solana’s 2022 It was the week with the highest investment since March. Such large investments are made by institutional investors. Bullish trend in Solana shows that it is.

Also to Cardano (ADA) 200 thousand dollar There was an inflow of funds.

On the other hand, there is no money outflow from almost any country. Germany And Switzerland witnessed huge inflows of money. in germany 37.3 million dollar in Switzerland 31.3 million USD money inflow was observed. Your entries 90% partial EuropeIt came from.

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