Positivity Continues in Cryptocurrency Funds: There Has Been Entry into an Altcoin for 25 Weeks!

While Bitcoin (BTC) was pushing 28 thousand dollars again with a sharp move, institutional cryptocurrency funds saw inflows for the 3rd week in a row.

In the data shared on the official blog page of Coinshares, it was stated that there was an inflow into institutional cryptocurrency funds for the third week in a row. Last week corporate cryptocurrency to the funds net $16.4 million While money is flowing in Ripple Money inflow was experienced for the 25th week in a row.

It ranks first in corporate cryptocurrency funds, as in the past weeks. with $16.4 million again Bitcoin (BTC) took place. However, the general transaction volume of the funds will be above the average of 2023. %27 watched below.

on the other hand in Ethereum (ETH) in a positive week despite the money inflow in the previous week 7.4 million dollar There was an outflow of money. One of the funds that experienced a lot of money outflow this year short Bitcoin also to the fund 1.7 million dollarAn inflow of 100,000 was observed.

While there is not much volume in altcoins under normal conditions, in the past weeks in Solana The entrance left jaws agape. of this year 25 weeks out of 29 weeks Solana, which experienced fund inflows, 3.7 million dollars investment It once again became the most popular altcoin.

Tezos (XTZ) 250 thousand dollar, Litecoin (LTC) 280 thousand dollars, Chainlink (LINK) 310 thousand dollars And Ripple (XRP) 420 thousand dollars experienced an inflow of money. With last week Ripple funds 25 weeks in a row positioned as having received investment.

On the other hand, there is no money outflow from almost any country. Germany with 16.1 million witnessed huge inflow of money. Only from Switzerland $7.5 million exit occurred.

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