Bitcoin While it continues to remain above $ 28,000 with the rise it experienced yesterday Coinshares published its weekly cryptocurrency report.
The outflows to the Coinshares report for 6 consecutive weeks were replaced by an inflow of $21 million last week.
“Cryptocurrency investment products saw total inflows of $21 million last week for the first time in 6 weeks.
“We believe these inflows are a reaction to positive price momentum, fears over US government debt prices, and recent events regarding government finances.”
When looking at crypto funds individually, it was seen that the majority of fund inflows were in Bitcoin.
BTCthe largest altcoin with an inflow of $20.4 million last week in Ethereum (ETH) It was observed that there was an outflow of 1.5 million dollars.
Indexed to the decline of BTC Bitcoin Short fundUnlike BTC, there was an outflow of 1.5 million dollars.
Ethereum against Solana (LEFT) It had an inflow of $5.1 million.
“Solana continues to shine with $5 million in entries this year, celebrating its 27th week of entries and only 4 weeks of release.”
Considering regional fund inflows and outflows, the USA ranked first with a fund outflow of 18.5 million dollars, followed by Sweden with 1.8 million dollars.
Against these outflows, Germany lost 17.7 million dollars; Canada had an inflow of 17.2 million dollars and Switzerland had an inflow of 7.4 million dollars.
*This is not investment advice.
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