Leading cryptocurrency BitcoinWhile , after its rise, it fell back to the $ 37,000 limit, while inflows to cryptocurrency investment products continue.
At this point, publishing the weekly cryptocurrency report CoinShares He said there was an inflow of $346.3 million last week.
“Cryptocurrency investment products saw inflows totaling $346 million last week, the largest weekly inflow for 9 consecutive weeks.
“This increase, spurred by the prospect of a spot-based ETF launch in the US, was the largest inflow since the bull market at the end of 2021.”
When looking at crypto funds individually, the majority of fund inflows BitcoinIt was seen that it was in .
BTCthe largest altcoin with an inflow of $312 million last week In Ethereum (ETH) inflows continued this week and an inflow of 33.5 million dollars was seen.
Indexed to the decline of BTC Bitcoin Short It was observed that there was an outflow of 0.9 million dollars in the fund.
altcoinWhen we look at the entries, it is Solana (LEFT) 3.5 million dollars, Cardano (ADA) 0.6 million dollars, XRP While there was an inflow of 0.2 million dollars Litecoin (LTC) It had an outflow of 0.6 million dollars.
“Bitcoin saw a total of $312 million in inflows last week, and year-to-date inflows have increased to just over $1.5 billion.
“Ether saw inflows of $34 million last week, bringing the 4-week inflow to $103 million, nearly correcting this year’s outflow, marking a decisive turn in sentiment.”
When looking at regional fund inflows and outflows, it was seen that Canada ranked first with an inflow of 199.1 million dollars.
After Canada, Germany ranked second with 101.5 million dollars; The USA ranked third with 30.2 million dollars.
*This is not investment advice.
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