Crypto funds received a net investment of $3.4 billion last week. This was the largest investment amount since mid-December of last year. Additionally, it was recorded as the third-best week of all time in terms of investments made last week. CoinShares attributed this trend to investors’ search for alternative safe havens.
According to the data, the largest investment was made in Bitcoin funds, unsurprisingly. Last week, there was an inflow of 3.18 billion dollars into Bitcoin funds. On the other hand, after eight weeks of continuous losses, Ethereum funds saw an inflow of 183 million dollars.
Interestingly, the only altcoin that saw investment outflows last week was Solana, with 5.7 million dollars. Excluding Sui and XRP, there was no significant movement in altcoins. In contrast, investments of 20.7 million and 31.6 million dollars were made in Sui and XRP funds, respectively.
Published: April 28, 2025 15:46
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