Institutions were betting big on Solana investment products last week, with SOL-tracking products attracting 86.6% of institutional inflows to digital asset products last week.
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Institutional exposure to altcoin products retests all-time high
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products.
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Institutions remain bullish on Cardano and Ether while BTC outflows persist
Ethereum and Cardano continue to dominate inflows to institutional crypto investment products while demand for BTC weakens.
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Institutional investors bet big on Solana while BTC outflows persist
Solana represented one-third of total inflows to institutional crypto investment products this past week.
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Bitcoin investment products still suffering outflows despite price recovery
While institutions are still withdrawing capital from Bitcoin investment products, money is flowing into Ethereum and altcoin products.
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Crypto funds see 4th consecutive weekly outflows as institutions diversify holdings, says CoinShares
Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows.
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