Bitcoin As it approached $50,000 with its rise, BTC And in altcoins Economic data from the USA will be followed this week.
At this point, publishing the weekly cryptocurrency report Coinshares He said there was an inflow of $1.1 billion last week.
“Cryptocurrency investment products saw inflows of US$1.1 billion last week, and year-to-date inflows have reached US$2.7 billion.”
When looking at crypto funds individually, it was seen that the majority of fund inflows were in Bitcoin.
BTC, The largest altcoin experienced an inflow of $ 1.08 billion last week in Ethereum (ETH) An outflow of 16.5 million dollars was seen.
Indexed to the decline of BTC Bitcoin Short It was seen that there was a small outflow of 0.4 million dollars in the fund.
When we look at other altcoins Cardano (ADA) 6.1 million dollars, Solana (LEFT) It experienced an inflow of $0.1 million.
“Bitcoin saw almost 98% of inflows, while price appreciation also increased sentiment for Ethereum and Cardano, which saw inflows of $16 million and $6 million respectively.”
When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an inflow of 1,108 billion dollars.
After the USA, Switzerland ranked second with 38.9 million dollars.
In response to these inflows, Canada experienced an outflow of 17.2 million dollars and Germany an outflow of 10.3 million dollars.
*This is not investment advice.
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