Output Slows Down in Bitcoin and Cryptocurrency Funds: Institutional Interest in These Altcoins!

While Bitcoin (BTC) experienced a decline of nearly 5% last week, the outflow of institutional cryptocurrency funds reached the 6th week.

In the data shared by Coinshares on its official blog page, the outflow of institutional cryptocurrency funds is one after another. 6th week He stated that he reached Last week corporate in cryptocurrency funds net outflow slowing down to a small amount of $9 million was recorded.

There is a clear lead in outflows in corporate cryptocurrency funds. with $5.9 million again Bitcoin (BTC) pulled. Bitcoin for 3 weeks It sees regular exits.

on the other hand 2.2 million in Ethereum (ETH) dollarWhile there was a fund outflow of short Bitcoin from the fund 2.8 million dollarAn output of 100% was observed. Volumes in institutional funds increased last week $820 million It was located on a small level with.

Funds entering 3 altcoins again!

While almost all listed assets saw fund outflows last week Solana (SOL), Ripple (XRP) And In Litecoin (LTC) The inflow of funds attracted attention. The amount of funds entering these three assets last week was respectively 300 thousand dollars, 700 thousand dollars And 500 thousand dollars happened.

End 9 out of 10 weeks While it was emphasized that there was an outflow in corporate cryptocurrency funds, the total amount of outflow in the relevant period was net 465 million dollars It was recorded that.

On the other hand, country-based exits USA was at the top of the list. USA, $14.1 million While signing the exit, there was almost no money outflow from other countries. Germany 18.1 million It attracted attention with its dollar inflow.

source site-10