Weekly inflow into crypto funds amounted to $436 million

CoinShares compiled a report according to which the inflow last week amounted to $436 million.

A week earlier, investors withdrew $1.2 billion.

The return of investors most likely occurred due to the expectation of a 25-50 basis point cut in the Fed rate.

Meanwhile, the ETF trading volume is approaching $8 billion.

Bitcoin funds are doing well, the inflow amounted to $436 million. But Eth funds, on the contrary, showed an outflow of $19 million.

Solana and shares of blockchain companies attracted $3.8 million and $105 million, respectively.

$SOL