Digital assets manager CoinShares says that institutional crypto investors are going in heavy on the leading altcoin Ethereum (ETH<\/a>).<\/p>\n In its latest Digital Asset Fund Flows\u00a0report<\/a>, CoinShares says crypto investment products enjoyed $1.35 billion in inflows last week.<\/p>\n \u201cDigital asset investment products saw further buying with inflows of US$1.35bn last week, bringing the last 3 week run of inflows to US$3.2bn. ETP (exchange-traded product) trading volumes also increased substantially, up 45% week-on-week to US$12.9bn, but representing a lower than usual 22% of the broader crypto market volumes.\u201d<\/em><\/p>\n Regionally, the United States and Switzerland saw inflows of $1.3 million and $66 million, respectively.<\/p>\n Minor outflows were experienced in Brazil and Hong Kong to the tune of less than $7.5 million in total.<\/p>\n Bitcoin (BTC<\/a>), per usual, enjoyed the lion\u2019s share of inflows at $1.27 billion.<\/p>\n However, the biggest story of last week\u2019s inflows was Ethereum, according to CoinShares.<\/p>\n \u201cThe outlook for Ethereum seems to have turned a corner, seeing a further US$45m of inflows last week, overtaking Solana for the altcoin with the most inflows year-to-date (YTD) at US$103m.\u201d<\/em><\/p>\n Solana (SOL<\/a>) enjoyed $9.6 million in inflows. Multi-asset crypto investment vehicles enjoyed $16.7 million in inflows. Litecoin (LTC<\/a>),\u00a0Chainlink (LINK<\/a>), XRP<\/a>\u00a0and Cardano (ADA<\/a>) also brought in inflows of $2.2 million, $0.7 million, $0.5 million and $0.4 million, respectively.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Digital assets manager CoinShares says that institutional crypto investors are going in heavy on the leading altcoin Ethereum (ETH). In its latest Digital Asset Fund Flows\u00a0report, CoinShares says crypto investment products enjoyed $1.35 billion in inflows last week. \u201cDigital asset investment products saw further buying with inflows of US$1.35bn last week, bringing the last 3 […]<\/p>\n","protected":false},"author":2,"featured_media":150428,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-349880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=349880"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349880\/revisions"}],"predecessor-version":[{"id":349886,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349880\/revisions\/349886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/150428"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=349880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=349880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=349880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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