Cryptocurrency funds and digital asset investment products completed last week with a significant plus. According to CoinShares’ weekly report; With a net investment of $1.35 billion, the figure for the last 3 weeks rose to $3.2 billion. With $1.27 billion, the most invested funds were Bitcoin products, while the amount entering BTC funds since the beginning of the year was $18.4 billion.
Ether passed Solana
Inflows to Ether funds also continued last week. While $45 million was invested in these funds, the amount entered since the beginning of the year was $103 million. Ether funds also surpassed Solana funds in this sense. While Solana funds closed last week with a net investment of $9.6 million, the net investment since the beginning of the year has reached $71 million. Solana funds had seen significant inputs since the beginning of 2024, especially with significant increases in meme coins issued on the network. Ether funds, on the other hand, passed this period quietly, but later, with the approval of Ether ETFs in the US (and the decline in interest in Solana), ETH funds reached the SOL level.
$2.2 million for Litecoin
While there were outflows of $1.9 million from Short Bitcoin funds, altcoin inflows did not go unnoticed. LTC funds received a net investment of $2.2 million and attracted attention. Chainlink funds received $700 thousand, Cardano (ADA) funds received $400 thousand and XRP funds received $500 thousand.
In blockchain stocks, Valkyrie’s Bitcoin miners ETF was at the top in this sense with $11.4 million.