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A Record High Of $10.1M Capital Flows Into Cardano Investment Products Last Week
Summary: Coinshares released its digital asset fund weekly report on Monday. As of the week of August 27, digital asset investment products showed capital inflows for the second consecutive week, with an inflow of $24 million. Bitcoin has seen capital outflows for the eighth consecutive week, with a total outflow of $3.8 million, and outflows have ...
Coinshares released its digital asset fund weekly report on Monday. As of the week of August 27, digital asset investment products showed capital inflows for the second consecutive week, with an inflow of $24 million.
Bitcoin has seen capital outflows for the eighth consecutive week, with a total outflow of $3.8 million, and outflows have occurred in 14 of the past 16 weeks.
The total amount of funds flowing into Cardano investment products last week was $10.1 million, a record high, bringing its market share to 0.15%.
Solana and Polkadot have inflows of $2.7 million and $1.5 million, respectively.
Altcoins (including Ethereum) now account for 32% of crypto assets AUM (assets under management), close to the 35% record set in mid-May this year, and surpassed the 30% high set in January 2018.
By Mary Liu
Tags: Bitcoin,Cardano,CoinShares,Cryptocurrency
Link: A Record High Of $10.1M Capital Flows Into Cardano Investment Products Last Week [Copy]
