🚀 Approximately $78 million flowed into cryptocurrency funds in the last 14 days, while trading volume increased to $1.13 billion. 📈
- Bitcoin was the biggest gainer last week with $43 million in flows.
- Europe accounted for 90% of total flows, while the US and Canada saw just $9 million.
- The two-week increase was accompanied by a 37% increase in trading volume.
- This increase was preceded by a 10-week recession, with approximately $450 million leaving the market.
🔸 New Ethereum ETFs did not receive the expected attention, while Solana gained popularity.
- 6 new Ethereum-focused ETFs attracted just under $10 million in first week.
- Solana experienced the biggest increase since March 2022, with weekly flows of $24 million.
- Analysts state that Solana's performance indicates that SOL could become the altcoin of choice in the crypto community.
- Bitcoin was the biggest gainer last week with $43 million in flows.
- Europe accounted for 90% of total flows, while the US and Canada saw just $9 million.
- The two-week increase was accompanied by a 37% increase in trading volume.
- This increase was preceded by a 10-week recession, with approximately $450 million leaving the market.
🔸 New Ethereum ETFs did not receive the expected attention, while Solana gained popularity.
- 6 new Ethereum-focused ETFs attracted just under $10 million in first week.
- Solana experienced the biggest increase since March 2022, with weekly flows of $24 million.
- Analysts state that Solana's performance indicates that SOL could become the altcoin of choice in the crypto community.