Solana price chart for the year. Source: CoinGecko
Despite the overall significant influx of crypto products, the dynamics of the main crypto investment products was more restrained. US Ethereum futures exchange-traded funds (ETFs), which began trading on October 2, raised about $10 million in the first week, which CoinShares called a lack of apparent interest.
In addition to the asset analysis, CoinShares also reported that 90% of all cryptocurrency asset inflows came from Europe, while the US and Canada saw combined inflows of just $9 million.
Cryptocurrency flows to crypto exchanges by country. Source: CoinShares
Germany and Switzerland were the largest countries contributing to the increase in inflows, registering injections of $37.3 million and $31.3 million respectively. Together, the two countries accounted for 88% of all cryptocurrency asset inflows last week. $ETH $SOL