The crypto market pleases not only traders, but also investors. From November 10 to 16, $2.19 billion entered crypto funds, beating the results of the previous week! 📈
Here's what the numbers and experts say:
🔹 The first days of the week were fantastic: $3 billion inflow! However, profit-taking after Bitcoin reached a new ATH caused a small outflow of $866 million.
🔹 Since the beginning of the year, $33.5 billion has already been received into crypto funds - this is a record! 🏆
🔹 Assets under management (AUM) reached an all-time high of $138 billion. Despite a decline to $135.9 billion by the end of the week, this is still an impressive result.
💡 Where did the money go?
Bitcoin: $1.48 billion, slightly down from last week but still up. 🚀
Ethereum: Really soaring! $646 million (5% of AUM). Reason? Consensus upgrade news from Justin Drake. 🔥
Bitcoin Short Funds: Inflows total $48.5 million, after outflows a week earlier.
🎯 Why is this important?
Experts attribute this dynamic to soft monetary policy and the Republican Party's victory in the US elections. Politics and economics are once again adding fuel to the crypto furnace.
💬 Your thoughts? Do you invest in crypto funds or do you prefer HODL? Share your opinion! 👇
#Bitcoin #Ethereum #CryptoFunds #CryptoInvestmentStrategy #MarketAnalysis
