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BitcoinSistemi 2025-03-17 13:52:09

Institutional Investors Are Insistently Buying This Altcoin While Selling Bitcoin (BTC) and Ethereum (ETH)!

Institutional Investors Are Insistently Buying This Altcoin While Selling Bitcoin (BTC) and Ethereum (ETH)!

The critical FED interest rate decision week, which is closely followed in Bitcoin and altcoins, has begun. While investors eagerly await the FED's decision, Coinshares released its weekly cryptocurrency report and said that there was an outflow of $ 1.7 billion last week. “Cryptocurrency investment products saw an outflow of $1.7 billion for the 5th consecutive week, and in this negative picture, the total outflow reached $6.4 billion, while there was an outflow for the 17th consecutive time.” Majority of the Outflows Were Seen in Bitcoin! When looking at individual crypto funds, it was seen that the majority of the outflows were in Bitcoin. While BTC experienced an outflow of $978 million, Ethereum (ETH) experienced an outflow of $176 million. When we look at other altcoins, XRP experienced an inflow of $1.8 million, Cardano (ADA) experienced an outflow of $0.4 million, Solana (SOL) experienced an outflow of $2.2 million, and SUI experienced an outflow of $0.6 million. “Bitcoin saw another $978 million in outflows, bringing total outflows in the last 5 weeks to $5.4 billion. Both Ethereum and Solana saw outflows of $175 million and $2.2 million respectively. XRP continued to buck the trend by seeing inflows of another $1.8 million.” When looking at regional fund inflows and outflows, it was seen that the USA ranked first with an outflow of 1.16 billion dollars. Switzerland came in second after the USA with an outflow of $527.7 million. In contrast to these outflows, Germany and Brazil experienced smaller inflows of $8 million and $4.2 million, respectively. *This is not investment advice. Continue Reading: Institutional Investors Are Insistently Buying This Altcoin While Selling Bitcoin (BTC) and Ethereum (ETH)!

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