While Bitcoin (BTC) is experiencing some correction, last week saw a record $2.9 billion inflow into institutional cryptocurrency funds.
In the data shared by Coinshares on its official blog page, the net of institutional cryptocurrency funds reached an all-time high last week. $2.9 billion It was stated that it was a record entry. Favorite altcoin of last year As Solana exited, money moved to Bitcoin and a few altcoins.
It ranks first in corporate cryptocurrency funds, as in the past weeks. with $2.896 billion again Bitcoin (BTC) took place.
on the other hand $13.9 million for Ethereum (ETH) fund outflow while being short Bitcoin to the fund 26.1 million dollarAn inflow of 100,000 was observed.
While asset outflow continues from Solana (SOL), the altcoin with the highest inflow of money last year, institutional investors Cardano (ADA), Litecoin (LTC) and Polkadot (DOT) headed.
From Solana last week 6.8 from Polygon (MATIC) at $2.7 million million dollar outflow to Cardano 1.2 million dollars, to Litecoin $2.3 million And to Polkadot 3.1 million dollar money inflow happened.
According to the Coinshares report, US investors were among the top purchasing countries. US investors entered the cryptocurrency market, especially Bitcoin, at 2.95 percent only last week. billion dollars It flowed. The majority of these were purchases by spot Bitcoin ETF issuers.
However, in Switzerland $32 million and in Sweden $21 million exit occurred.