Cardano

Solana

Bitcoin

Chainlink

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-increase-inflows-into-crypto-assets/" data-wpel-link="internal">Investors Increase Inflows into Crypto Assets</a> 
Crypto asset investment products saw a total inflow of $932 million in the second week. Despite this increase, trading volumes remained at only $10.5 billion throughout the week compared to $40 billion in March. Interestingly, inflows reacted instantly to the lower-than-expected CPI report on Wednesday, making up 89% of the total flows in the last three trading days of the week. This indicated that Bitcoin prices became sensitive again to <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">interest rate</a> expectations. 
<h2 style="text-align: justify" id="regional-overview">Regional Overview</h2> 
Regionally, the US dominated with $1.002 million in inflows last week. Unusually, Grayscale, which had seen $16.6 billion in outflows since the ETF launch in January, saw small inflows of $18 million for the first time. 
<img loading="lazy" decoding="async" loading="lazy" class="wp-image-353498 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/country.png" alt="" width="849" height="499"> 
Switzerland and Germany also saw small inflows of $27 million and $4.2 million, respectively, while Hong Kong and Canada saw outflows of $83 million and $17 million, respectively. 
<h2 style="text-align: justify" id="institutions-buy-bitcoin-and-these-altcoins">Institutions Buy Bitcoin and These Altcoins</h2> 
Bitcoin saw $942 million in inflows, while short-focused Bitcoin saw almost no inflows, indicating a positive outlook among investors. <a href="https://en.coin-turk.com/favorite-scenario-for-giant-altcoin-could-ignite-the-bulls-fuse/" data-wpel-link="internal">Solana</a> saw $4.9 million, Chainlink saw $3.7 million, and Cardano saw $1.9 million in inflows. 
<img loading="lazy" decoding="async" loading="lazy" class="wp-image-353499 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/kurumsal.png" alt="" width="836" height="562"> 
Ethereum continued to see outflows, losing $23 million this week due to expectations of a spot-based ETF being approved by the SEC. Blockchain stocks continued to see outflows, with only 6 weeks of inflows out of 20 this year. Year-to-date, there have been $512 million in outflows. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-increase-inflows-into-crypto-assets/" data-wpel-link="internal">Investors Increase Inflows into Crypto Assets</a></h5>

Investors Increase Inflows into Crypto Assets

Table of Contents

COINTURK NEWS

Other articles published on May 20, 2024

BingX Announces To Launch A USDC Margin Futures Trading On Its Sixth Anniversary!

Top Altcoins to Buy Before the Next Bull Market

Fed Members Provide Key Economic Insights

Lazarus Group Transfers $147.5m Stolen Crypto to North Korea via Tornado Cash: Confidential Un Re...

Investors Bet on Affordable Altcoins

Pyth Network Price Prediction: PYTH Plunges 9% On $1B Token Unlock As Experts Say Consider This G...

Join our free newsletter for daily crypto updates!