According to CoinShares, institutional investors are taking advantage of the opportunity to acquire top cryptocurrency assets amid a market correction
Decrease in the BTC rate by 12% against the background of a general market correction did not affect investor sentiment:
“Last week, digital asset investment products attracted $154 million. Correction, due to which the BTC rate decreased by 12%, did not affect the positive sentiment of investors ".
Despite the correction, Last week, the inflow of funds into BTC-oriented funds amounted to more than $100 million, which helped the asset retain its leadership position among investment products:
“Bitcoin still accounts for a significant part of the inflow of funds. This time the indicator was $114 million, which helped the asset to maintain the share of assets under management among investment products at 67% ".
Last week working with Ethereum funds attracted $14 million, which became the fourth consecutive week with a positive inflow of funds (in total during this period $80 million).
Remarkably, that last week the outflow of funds from Cardano funds amounted to $2,1 million, while Solana funds boast an influx of $8,5 million. Polkadot funds are also steadily raising funds and this time they raised $5 million.
