Statistics on Outflows\ Inflows from CoinShares
Last week, crypto funds saw an influx of $308 million, but on Thursday and Friday, there was a massive outflow of funds — about $1 billion. Bitcoin funds attracted $375 million, but the total capital in ETP funds decreased by $17.7 billion.
Altcoin funds experienced an outflow of $121 million, although some coins showed growth. XRP, Horizen, and Polkadot attracted $8.8 million, $4.8 million, and $1.9 million respectively.
Ethereum funds received an influx of $51 million, while $8.7 million was withdrawn from Solana funds.
Metaplanet and MicroStrategy continue to increase their crypto assets. Metaplanet purchased 620 bitcoins for a total of $60 million, while MicroStrategy acquired 5,262 bitcoins at an average price of $106,662 per coin.
