Crypto Fund Inflows Maintain 11-Week Streak: Dips Compared to Previous Weeks

It appears the sentiment in the cryptocurrency markets may have stabilized, according to the latest Digital Asset Fund Flows report. Over the last 11 weeks, investors have been turning in net inflows into crypto-related products. However, last week saw an notable decline in injection velocity suggesting some investors are taking a more conservative tact towards (downsides) security risks. Europe dominated the funds Bitcoin being the most popular target racking in $20 million. Additionally, North America recieved $14 million of net inflows although a significant portion of these are into “short-biased” products. Ethereums trend is also worth noting setting positives over 6 out of the last 7 weeks. Other Altcoins establishing progress Solana and Avalanche wholly shor in new investments. Landing $3 million and $2 million in net gains respectively.