Institutional Investors Invest Billions on Bitcoin While Snapping Up These 4 Altcoins!

Bitcoin (BTC) price attempts to stay above $68,000 while institutional crypto funds enter the market for the third week in a row.

Two weeks ago, it was reported that institutional crypto funds attracted $932 million in inflows with another $1.05 billion flowing in.

Institutional interest in Bitcoin reaches levels after Spot Bitcoin ETF approval.

The Hong Kong-based ETF started trading 4 weeks ago and saw slightly less outflows last week at just $28 million.

Kurumsal Crypto Fund still holds the top spot with $10.12 billion in inflows over the past week, with Bitcoin (BTC) once again topping the list as usual.

Ethereum (ETH), on the other hand, which received approval for the Workday Spot Ethereum ETF, attracted $35.5 million in inflows.

High Demand for Altcoins

While corporate investors are moving into Ethereum, Solana (SOL), ChainLink (LINK), Ripple (XRP), and Litecoin (LTC) are also seeing a boost from demand.

Solana experienced an inflow of $8 million, ChainLink experienced an inflow of $0.6 million, Ripple experienced an inflow of $0.4 million, and Litecoin experienced an inflow of $2.8 million. $ETH $BTC $SOL