The Institutional Escape Series for Altcoins in Cryptocurrency Funds Has Ended! - Coin Bulletin

Last week, there was an inflow of 226 million dollars into digital asset investment products, while altcoins ended a 5-week outflow streak with an inflow of 33 million dollars.

According to data from CoinShares, there were $226 million inflows into digital asset investment products last week. This suggests that investors in the market are taking a cautious but positive approach. Altcoins received their first inflows worth $33 million after 4 weeks of massive outflows. Assets such as Ethereum (ETH), Solana (SOL)**, XRP and Sui took the largest share of these inflows.

The USA, Switzerland, and Germany stand out.

Last week, the largest inflows into digital asset investment products came from the USA, Switzerland, and Germany. Inflows of $204 million from the USA, $14.7 million from Switzerland, and $9.2 million from Germany were recorded. Outflows of $2.1 million and $1.3 million were experienced from Hong Kong and Brazil, respectively.

Bitcoin (BTC) took its share from the investment

Bitcoin had an inflow of 195 million dollars last week. However, there was an outflow in short-Bitcoin products for the 4th week in a row, with a total outflow of 2.5 million dollars. The total assets in global ETPs for Bitcoin have decreased to 114 billion dollars due to the recent price drops, reaching the lowest level recorded since the US elections.

Altcoins are also moving

Altcoins recorded an inflow of 33 million dollars after a 4-week decline. Ethereum (ETH) attracted 14.5 million dollars, Solana (SOL) received 7.8 million dollars, XRP garnered 4.8 million dollars, and Sui brought in 4 million dollars, making them the most invested altcoins. This indicates that altcoin investors have started to return.