Cryptocurrency funds shrink in the fourth week

According to a report shared by CoinShares, there was a total net inflow of $ 19.5 million from the crypto currency last week.

Balance of cash in and out of cryptocurrencies such as Grayscale, Coinshare, 3IQ, 21 Shares For the fourth week in a row Was in negative territory.

  • According to the CoinShares report Cryptocurrency The financial contraction at $ 19.5 million last week may indicate that some investors took advantage of the rise in prices to make a profit.

  • Cryptocurrency funds, which have been on a downward trend since mid-May, have since risen in bulk. $ 295 million There was a net outflow. This fund corresponds to 1% of the total value of assets under the management of these funds.

  • A total of $ 4.1 billion has entered since the beginning of the year. Bitcoin Finance last week $ 19.7 million Release so from the beginning of the month $ 67.8 million It is out.

  • Ethereum This week was financially negative, and just like last week $ 9.5 million Lost. Bitcoin funds have shrunk by 10 in the last 12 weeks, while Ethereum funds have shrunk by 6.

  • Cryptocurrency fund with multiple assets $ 7.5 million, For XRP funding $ 1.1 million, Approximately Polkadot (DOT), Bitcoin Cash (BCH), and Cardano (ADA) funds respectively. 400.000, 200.000 And 500,000 Dollars were entered.

  • Last week’s trading volume of these investment items increased by 173% compared to the previous week.


Check Also

Olympic Champion Andy Murray

Former Olympic Champion Andy Murray Set to Miss Out on 2024 Games

Triumphing in 2012 and 2016, Andy Murray became the first tennis player of any gender …

Leave a Reply

Your email address will not be published. Required fields are marked *