Crypto Insights Firm Coinshares says that institutional investors deposited more than $ 3 billion in crypto -investment vehicles last week.
In its latest digital actival fund, flows weekly ReportCoinshares notes that institutional investors have set a new record for inflow.
“Last week in digital investment products of digital assets, the inflow of US $ 3.3 billion last week saw, which extended the six-week line to US $ 10.5 billion. Year-to-date (YTD) now have a new record of US $ 10.8 billion, while the Total Activa was kept under Behuherda Beheerde Beheheertiva US $ 187.5BN earlier in the week.
We believe that the growing concern about the American economy, driven by the downgrade of the Moody and the resulting peak in Treasury yields, has encouraged investors to look for diversification via digital assets. “
Regionally, the United States led internationally with $ 3.2 billion in inflow last week alone. Australia, Hong Kong and Germany followed $ 10.9 million, $ 33.3 million and $ 41.5 million respectively. Switzerland saw $ 16.6 million out.
As is generally the case, Bitcoin (BTC) enjoyed the lion’s part of the $ 2.9 billion inflow.
“… Making a quarter of the total inflow for 2024. In the meantime, some investors considered recent price profits to be a short chances, with short-bitcoin products drawing US $ 12.7 million, the highest weekly inflow since December 2024.”
Ethereum (ETH) products enjoyed $ 326 million in inflow, while Solana (SOL) products only saw an inflow of $ 4.3 million. In the meantime, XRP products suffered $ 37.2 million and break a “remarkable” influx of 80 weeks.
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