Record 3,800,000,000 dollars of institutional encryption products in one week: Coinshares
Crypto Asset Management Coinshares says that the institutional whales withdrew billions of dollars in encryption vehicles last week.
According to the latest reports of Coinshares digital funds, investment products flow for institutional encryption, suffer $ 2.9 billion in external flows last week.
Digital investment products witnessed assets in the third week in a row of external flows, which represents the largest weekly flows on the record of a total of $ 2.9 billion, which up to a total of three weeks to 3.8 billion US dollars. 29 billion US dollars.
These elements may have led to a mixture of profit and weak feelings towards the asset category. “

At the regional level, the United States led the foreign flows to $ 2.87 billion. Switzerland and Canada followed $ 73 million and $ 16.9 million in external flows, respectively, while Germany violated this trend, adding $ 55.3 million in flows.
Crypto King Bitcoin (BTC) took the worst negative emotion, losing $ 2.6 billion in external flows.
“Ethereum did not escape negative emotions as well, as he saw a weekly flow consisting of $ 300 million. Solana and Human also witnessed $ 7.4 million and $ 22.6 million, respectively.”
Altcoins Sui (SUI), XRP and Litecoin (LTC) enjoyed $ 15.5 million, $ 5 million and $ 1 million, respectively.
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