Despite recent price decreases in coins such as Bitcoin and Ethereum, crypto investments reached $ 1.3 billion last week. This shows that investor confidence in the crypto market continues. Interestingly, Ethereum drew attention by doubled Bitcoin. So, what does this mean?
Crypto Investments at a record level
According to Coinshares’ latest report, crypto investments last week was $ 1.3 billion. Bitcoin attracted an investment of $ 407 million, while Ethereum came forward with $ 793 million. This performance of Ethereum is attributed to the “bottom purchases” after the price has fallen to $ 2,500. Analysts say this increase in Ethereum is associated with the upcoming Pectra update. An analyst,
Ethereum has been maintaining the level of rise since May 2023. ETH upgrade comes in the coming months. We can see a crazy rise when it exceeds $ 4,000
says.
This increase in investment, DEEPSEEK AI madness and Donald Trump’s customs duties were also supported by factors. Corporate and individual investors turn market decreases into an opportunity.
Altcoin ETFs on the road
Parallel to this increase in crypto investments, Nasdaq applied to SEC for XRP and Litecoin ETFs of Coinshares. These funds will offer investors the opportunity to be exposed to XRP and LTC. Coinshares is not alone; Companies such as Grayscale, Wisdomre and Bitwise also applied for the XRP ETF. Ripple CEO Brad Garlinghouse said an XRP ETF is inevitable. Similarly, Litecoin ETFs become increasingly popular. Canary Capital and Grayscale made applications for Litecoin ETFs. Nasdaq also applied for a Litecoin ETF.
These developments show the interest of corporate investors in alternative digital assets. With the expectations of Litecoin ETF, whale investors began to accumulate LTC. Such savings are generally considered as pre -demand signals.
Conclusion: Crypto market moving
The increase in crypto investments shows that the market maintains its vitality. The fact that Ethereum leaves Bitcoin behind points out that investors are turning to different assets. In addition, the fact that Altcoin ETFs come to the agenda increases hopes that the crypto market will expand further.
In short, the crypto world continues to grow rapidly. The leadership of Ethereum and the fact that the Altcoin ETFs are on the road shows that more exciting development will be experienced in the coming period. Opportunities for investors are increasing day by day!
