Posted 12/11/2023, 7:42:17 PM
Digital Asset Funds See 11th Week of Inflows, but Moderating - Bitcoin Leads While Ethereum, Solana and Avalanche Remain Institutional Favorites
- Digital asset funds saw 11th week of inflows totaling $43M, but lower than prior weeks
- Bitcoin led with $20M inflows; Solana and Avalanche remain popular with institutions
- Ethereum saw 6th week of inflows at $10M
- Europe continues to dominate fund inflows at $43M; US significantly lower
- Price gains have led to increased inflows into short positions on downside bets