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Bitcoin Fund Inflows Hit A Five-Month High Last Week With $225 Million
Summary: According to the weekly fund report released by CoinShares on Monday, in the week as of last Friday, the total inflow of digital asset investment products was $226 million, more than 2.5 times that of $90 million in the previous week. This jump was mainly driven by funds focused on Bitcoin. The inflow of Bitcoin ...
According to the weekly fund report released by CoinShares on Monday, in the week as of last Friday, the total inflow of digital asset investment products was $226 million, more than 2.5 times that of $90 million in the previous week.
This jump was mainly driven by funds focused on Bitcoin. The inflow of Bitcoin funds increased by $156 million last week to $225 million, the highest level in five months.
There was a small outflow of a total of $14 million in Ethereum investment products. The inflow of investment products focusing on Solana's SOL and Cardano's ADA was $12.5 million and $3 million respectively. Polkadot, Ripple, and Litecoin investment products performed poorly, with outflows of $2.1 million, $600,000, and $200,000 respectively.
By Mary Liu
Tags: ADA,Bitcoin,Digital Assets,ETH,Fund,SOL
Link: Bitcoin Fund Inflows Hit A Five-Month High Last Week With $225 Million [Copy]
