Institutional Investors Accumulate Cardano (ADA) and Polkadot (DOT) As Bitcoin Sees Major Outflows: CoinShares

Site na Daily Hodl - 1 afọ gara aga - Oge Ọgụgụ: nkeji 2

Institutional Investors Accumulate Cardano (ADA) and Polkadot (DOT) As Bitcoin Sees Major Outflows: CoinShares

A leading digital asset manager says institutional investors are taking an interest in Cardano (ADA) and Polkadot (DOT) while heavily de-risking from Bitcoin (BTC).

In the latest Digital Asset Fund Flows Weekly akụkọ, CoinShares finds that BTC suffered $154 million in outflows last week, leading a digital asset market that saw outflows of $141 million total.

“Digital asset investment products saw outflows totaling $141 million last week. The ongoing volatility has led to fickle investors with some seeing this as an opportunity while the aggregate sentiment is predominantly bearish. Outflows totaling $154 million were seen in the Americas while Europe saw inflows totaling $12.4 million.”

Isi mmalite: CoinShares

Despite last week’s monstrous Bitcoin outflows, BTC’s year-to-date flows remain positive at $307 million. Ethereum (ETH) products, on the other hand, has year-to-date flows of negative $239 million, suffering an additional $300,000 in outflows last week.

Institutional investors poured $1 million apiece into digital asset investment products focused on polkadot na Cardano while also investing $700,000, $500,000 and $100,000 in XRPSolana (SOL) na Litecoin (LTC) products, respectively, according to CoinShares.

Multi-asset digital investment products, those investing in multiple crypto assets, enjoyed $9.7 million in inflows last week as investors sought refuge in diversity.

“Ngwaahịa itinye ego (ọtụtụ-akpa) ahụla naanị izu abụọ nke ọpụpụ n'afọ a, dị ala karịa ndị ọgbọ ya. Anyị kwenyere na ndị na-etinye ego na-ahụ ngwaahịa ntinye ego nwere ọtụtụ ihe dị ka nchekwa karịa ngwaahịa ntinye ego n'ahịrị n'oge oge na-agbanwe agbanwe. "

Isi mmalite: CoinShares Tulee price Action

Echefula Beat - Idenye aha iji nweta ozi mkpu email nke a na-enyefe na igbe mbata gị

Soro anyị na Twitter, Facebook na telegram

ịwagharị Ngwakọta Daily Daily

  Lelee Isi akụkọ kacha ọhụrụ

  Ngọnarị: Echiche ndị e gosipụtara na Daily Hodl abụghị ndụmọdụ ntinye ego. Ndị na-etinye ego kwesịrị ime mkpebi siri ike tupu ha etinye ego ha nwere nnukwu ihe ọghọm Bitcoin, cryptocurrency ma ọ bụ ihe dijitalụ. Biko nye ndụmọdụ ka ị nyefe gị na azụmaahịa gị nọ n'ihe egwu gị, na ihe ọ bụla funahụrụ gị nwere ike ịbụ ibu ọrụ gị. Daily Hodl anaghị akwado ịzụrụ ma ọ bụ ire nke ihe ọ bụla cryptocurrencies ma ọ bụ akụ dijitalụ, ọbụnadị Daily Hodl abụghị onye ndụmọdụ itinye ego. Biko rịba ama na Daily Hodl na-esonye na ahịa mmekọ.

Featured Image: Shutterstock/SpicyTruffel

The post Institutional Investors Accumulate Cardano (ADA) and Polkadot (DOT) As Bitcoin Sees Major Outflows: CoinShares pụtara na mbụ Hodbọchị Hodl.

Isi mmalite: Hodbọchị Hodl