Ethereum Funds See $11 Million Exit

Ethereum funds saw an outflow of $11.6 million last week, according to CoinShares data.
 Ethereum Funds See $11 Million Exit
READING NOW Ethereum Funds See $11 Million Exit

Ethereum funds saw an outflow of $11.6 million last week, according to CoinShares data.

Algorand funds, on the other hand, saw a record inflow of $20 million.

In general, digital asset investment products received an investment of $87 million, the majority of which was Bitcoin with $69 million. Last week, crypto funds saw an outflow of 141 million dollars.

North America took the lead with $72 million in crypto inflows last week. Europe followed with 15.5 million dollars.

The 3rd most entered digital asset was Solana. Tron and Polkadot were behind Solana.

Due to the recent market correction, assets under management hit a one-year low.

According to data from CoinMarketCap, the cryptocurrency market is currently valued at $1.31 trillion.

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