đ Digital assets are back in the game, folks! After a 5-week lull, we're seeing a net gain of $130M last week. Bitcoin's leading the charge with a $144M inflow. đ
But, it's not all sunshine and rainbows. Ethereum's facing some turbulence due to US regulators' silence on spot ETF applications. This has led to a whopping $14M outflow. đŹ
Other altcoins are making waves too. Solana's the star with a $5.9M inflow, while Polkadot, XRP, and Litecoin are also seeing some action.
Interestingly, ETP volumes are on a downward trend, with only $8B traded last week compared to April's average of $17B.
Region-wise, the US is leading with a $135M inflow. Grayscale, a major player, saw its lowest weekly outflows since January.
What's your take on this? Are you bullish on Bitcoin or feeling the Ethereum blues? Let's chat in the comments! đŹ #CryptoNews #Bitcoin #Ethereum
(PS: This is just a summary. Always do your own research before investing.)