Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: Institutional Investors First Sold, Then Turned to Bitcoin and Surprise Altcoins!
Share
bitcoin
Bitcoin (BTC) $ 105,869.37
ethereum
Ethereum (ETH) $ 2,550.85
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 654.63
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.21
binance-usd
BUSD (BUSD) $ 0.981554
dogecoin
Dogecoin (DOGE) $ 0.171297
cardano
Cardano (ADA) $ 0.622773
solana
Solana (SOL) $ 150.69
matic-network
Polygon (MATIC) $ 0.197556
polkadot
Polkadot (DOT) $ 3.78
tron
TRON (TRX) $ 0.277581
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > Market > Institutional Investors First Sold, Then Turned to Bitcoin and Surprise Altcoins!
Market

Institutional Investors First Sold, Then Turned to Bitcoin and Surprise Altcoins!

December 23, 2024 2 Min Read
Share
Institutional Investors First Sold, Then Turned to Bitcoin and Surprise Altcoins!
mycryptopot

Whereas the main cryptocurrency Bitcoin (BTC) closed the week with its first loss since Donald Trump’s victory, CoinShares revealed its weekly cryptocurrency report and stated that there was an influx of $ 308 million final week.

“Inflows into cryptocurrency funding merchandise continued final week, totaling $308 million.”

Inflows Continued in Bitcoin and Some Altcoins!

When crypto funds individually, it was seen that the fund inflows have been in Bitcoin.

mycryptopot

Whereas BTC noticed an influx of $375 million, Ethereum (ETH) noticed an influx of $51.3 million.

There was additionally an influx of $0.4 million within the Bitcoin Brief fund, which was listed to the autumn of BTC.

Once we take a look at different altcoins, XRP skilled an influx of $8.8 million, Polkadot (DOT) $1.9 million, Litecoin (LTC) $0.6 million, Chainlink (LINK) $1.7 million, and Solana (SOL) skilled an outflow of $8.7 million.

“Bitcoin noticed internet weekly inflows of $375 million, regardless of outflows in the course of the week.

Probably the most dramatic flows got here from multi-asset funding merchandise, which noticed outflows of $121 million final week.

Whereas many altcoins like XRP ($8.8M), Horizen ($4.8M), and Polkadot ($1.9M) proceed to see inflows, it means that traders are selecting to take a extra selective strategy.

Whereas there was an influx of $51 million into Ethereum, there was an outflow of $8.7 million in Solana.

When regional fund inflows and outflows, it was seen that the USA ranked first with an influx of 567 million {dollars}.

mycryptopot

Brazil got here in second after the USA with $16 million.

In opposition to these inflows, Switzerland skilled an outflow of $95.1 million and Germany an outflow of $74.7 million.

*This isn’t funding recommendation.

mycryptopot

You Might Also Like

Elon Musk says his D.O.G.E wouldn’t destroy US job market: “There is infinite potential”

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Taxing Bitcoin and Stocks on Unrealized Gains

FED Publishes Critical Beige Book Document – Here is the Detailed Content Topic by Topic

Japan’s new PM Shigeru Ishiba champions blockchain and NFT in policy document

TAGGED:Finance NewsMarketNews
Share This Article
Facebook Twitter Copy Link
Previous Article Ethereum (ETH) Comeback Imminent? Key Reasons Why $5,000 Is Real Again Ethereum (ETH) Comeback Imminent? Key Reasons Why $5,000 Is Real Again
Next Article Synthetix Exchange Restarts, Launching Multi-Collateral Perpetuals on Base Synthetix Exchange Restarts, Launching Multi-Collateral Perpetuals on Base
Leave a comment Leave a comment

Leave a Reply Cancel reply

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

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Developers of Surprise Altcoin Announce Large Token Buyback, Price Volatility Occurs
Developers of Surprise Altcoin Announce Large Token Buyback, Price Volatility Occurs
Ethereum could rally 17% amid Bitwise thesis on ETH contrarian bet
Ethereum could rally 17% amid Bitwise thesis on ETH contrarian bet
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
- Advertisement -
mycryptopot

You Might Also Like

FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform
Nft

FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform

May 22, 2025
A Very Critical Move Came From Arkham (ARKM), There Was a Sudden Increase in Price!
Exchange

A Very Critical Move Came From Arkham (ARKM), There Was a Sudden Increase in Price!

October 16, 2024
Weekend Listing from OKX – They Listed Surprise Altcoin
Exchange

Weekend Listing from OKX – They Listed Surprise Altcoin

October 12, 2024
Bitcoin Mining Stocks Fall Despite Positive SEC Proof-of-Work Guidance
Market

Bitcoin Mining Stocks Fall Despite Positive SEC Proof-of-Work Guidance

March 28, 2025
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

What Are Pudgy Penguins? The Ethereum NFT Collection and Toy Brand
Uniswap Dominates DEX Market with $7.09B in Weekly Trading Volume
X Money Mendukung Crypto di Peluncuran? Best Wallet Bisa Jadi Kunci yang Hilang

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: Institutional Investors First Sold, Then Turned to Bitcoin and Surprise Altcoins!
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?