Crypto assets have started to attract the attention of investors in recent weeks. Bitcoin attracted attention with strong entries, while Altcoins had a positive development for the first time after four weeks of exit. Investors are cautiously increasing their investments despite the recent wavy market conditions. Data published by Coinshares show that the investment of some of Bitcoin and some leading subcoins reflects general optimism in the crypto asset market. Here are the latest data of the asset manager and what happened in the market…
Bitcoin investors turned to investment products
In recent weeks, crypto currency investment products have experienced a total of $ 226 million entry, which shows that investors have a positive but cautious attitude. Altcoins, after four weeks of output, after the entry of $ 33 million. This was an important turning point for the Altcoins, because for the last four weeks, a total of $ 1.7 billion worth of output.
Bitcoin was the leading entrance of 195 million dollars, while the short -term Bitcoin investment products experienced out for four weeks and a total of $ 2.5 million output was seen. The latest price decreases led Bitcoin’s global ETP (products traded on Exchange-Traded Product) to $ 114 billion, that is, the lowest level after the US elections.
Four Altcoin attracted attention
Among the Altcoins, Ethereum, Solana, XRP and Sui, $ 14.5 million, $ 7.8 million, 4.8 million dollars and $ 4 million, respectively. These four Altcoin were the main assets that attracted the attention of investors.
Last week, there was entry from all important regions, but especially the USA, Switzerland and Germany attracted attention. 204 million dollars from the US, $ 14.7 million from Switzerland and $ 9.2 million from Germany. Hong Kong and Brazil experienced small outputs of $ 2.1 million and $ 1.3 million, respectively.
These developments show that investors maintain their interest in crypto beings, but show a cautious approach. Personal consumption expenditures in the United States will come above expectations and direct investors to be careful, while the US Federal Bank is expected to continue its stance Hawkish (Sahin). In addition to these, Kriptokoin.comYou can also examine the macroeconomic developments calendar we have prepared. As a result, these entries, which are seen in the crypto assets market, reveal that investors take a cautious position by evaluating future potential.
