According to Coinomedia, digital asset funds experienced significant inflows totaling $3.3 billion last week, indicating rising institutional confidence in crypto assets. CoinShares reported that the total Assets under Management (AuM) reached $239 billion. Bitcoin dominated the inflows, receiving $2.4 billion, showcasing its continued appeal as a digital store-of-value asset. Ethereum reversed its outflow trend, attracting $646 million, possibly due to growing DeFi and ETH ETF expectations. Solana surprised the market with a record-breaking $145 million inflow in a single day, totaling $198 million for the week. This surge is attributed to Solana's increasing role in NFTs, DeFi, and institutional adoption, suggesting it is seen as a robust long-term investment.
Solana, Bitcoin Lead $3.3B Crypto Fund Inflows with Record Institutional Interest
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