Crypto Fund Flows Hit $270M Weekly High: Ethereum Leads, Bitcoin Takes a Backseat
The latest Digital Asset Fund Flows Weekly Report from CoinShares has provided valuable insights into the current stance of cryptocurrency investment.
The report reveals that digital asset investment products recorded inflows totaling $270 million last week, contributing to a record of $37.3 billion in inflows for the year.
Despite this overall positive trend, notable discrepancies among individual cryptocurrencies were observed, highlighting a shifting sentiment within the digital asset market.
Crypto Fund Flows Signal Market Shift
One of the most significant developments is the divergence in investor sentiment between Bitcoin and Ethereum. Bitcoin experienced outflows of $457 million, marking its first substantial outflows…
