Ethereum is making a splash again! In the seventh consecutive week, Ethereum has managed to collect $3.7 billion, with $1 billion in just the last week. These are signs that investors are starting to fall in love with the world's second-largest crypto again. š°
ā¢ According to a CoinShares report, the total inflow of digital asset investment products last week reached $3.2 billion. This year, the inflow has reached $44.5 billion, four times the previous year!
ā¢ Bitcoin also didn't want to be left behind, contributing $2 billion in weekly inflow. However, Bitcoin short products only got $14.6 million.
ā¢ XRP also joined the party, with an inflow of $145 million. Maybe because of the ETF hopes in the US or the debut of the RLUSD stablecoin.
ā¢ Other altcoins such as Litecoin, Cardano, and Solana also got their share of the good fortune.
ā¢ The United States became the inflow champion, followed by Switzerland and Germany. Unfortunately, Sweden was the opposite.
Write in the comments column, which crypto is your favorite?
