There was a $16 million outflow of digital asset investment products
According to CoinShares data, digital asset investment products experienced a slight outflow of a total of $16 million, ending 11 consecutive weeks of inflows. Last week's trading activity reached $3.6 billion, still significantly higher than the average level last year.
Altcoins rose against the trend with an influx of funds amounting to $21 million. The main beneficiaries were Solana, Cardano, XRP, and Chainlink.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid confirms that 1.75 million HYPE tokens have been unlocked for developers and core contributors.
The HyperLiquid team unstakes 2.6 million HYPE tokens, with part of the funds restaked.
The National Bank of Kazakhstan (NBK) is considering investing up to $300 million in crypto assets.
Trending news
MoreCrypto prices
More
