Cryptocurrencies closed last week in the minus. In particular, Iran’s drone and missile attack on Israel brought a decline in cryptocurrencies, but this was not fully reflected in the fund market. The peak in the decline, which started near the close of the markets on Friday evening, was seen with the attack on Saturday.

Looking at the report prepared by CoinShares, it is seen that sales remained limited. There were net outflows of $110 million from Bitcoin funds and $29 million from Ether funds. Solana funds, which have been heavily invested since the beginning of the year, also had net sales of $3.6 million.

Surprises continue in altcoin funds

In this category, where many altcoin funds saw surprising inflows last week, the surprises of the week came from Decentraland (MANA), Basic Attention Token (BAT) and LIDO (LDO). The funds of these tokens received investments of $4.9, $2.9 and $1.8 million.

Polkadot (DOT) funds, which also received serious investments last week, completed this week with a plus of $800 thousand.

Short Bitcoin funds also received $1.7 million in investments after 3 weeks of outflows. Litecoin funds received $1.6 million and XRP funds received $300 thousand.

Grayscale sold $750 million

While there were net outflows of $145 million in US-based ETFs, Grayscale was again in the lead here. Net sales in Grayscale’s GBTC fund amounted to $751 million. BlaclRock had net weekly inflows of $486 million and Fidelity had net weekly inflows of $90 million.