Learn about…behavior of institutional investors in light of the heavy selling in the crypto market!

Learn about…behavior of institutional investors in light of the heavy selling in the crypto market!

The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles

Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles

Answer Learn about…behavior of institutional investors in light of the heavy selling in the crypto market!

Despite the massive market-wide sell-off last week, digital asset investment products saw a slight outflow of $9 million last week.

According to CoinShares, Bitcoin saw a third consecutive week of outflows totaling $15 million, while Ethereum reported $3 million in inflows last week.

This indicates that investors are more positive towards Ethereum than Bitcoin especially with the upcoming September 15 consolidation update.

Status of financial flows to and from the crypto market:

CoinShares, a digital asset management company, has released its Money Flow Report for the cryptocurrency market for the week ending August 19.

Read:CoinEx reduces the evaluation criteria for platform ambassadors and doubles the rewards to reach 50%

The report revealed that cryptocurrency investment products saw slight inflows of $9 million last week.

Digital asset investment products also recorded $1 billion in volumes, still 55% below the overall average.

The report indicates that investor participation is currently low due to the pressures of the cryptocurrency market.

Most outflows were reported in the United States, Germany and Sweden.

While investors in Brazil, Switzerland and Australia are pouring money into crypto investment products.

Bitcoin investment products saw $15 million in outflows, the third consecutive week of outflows.

Bitcoin is in moderate negative sentiment due to the uncertainty and “FUD” surrounding the Fed rate hike.

While Ethereum investment products saw inflows totaling $3 million.

This represents 9 weeks of inflows totaling $162 million.

The ongoing flows towards Ethereum and its derivatives are the result of improved clarity about the merger upgrade and its history.

Other cryptocurrency investment products including ADA, XRP, and BNB have seen minor inflows.

Read:A new partnership for Binance to launch a token dedicated to sports clubs and fans

Institutional investment products saw relatively less impact amid the market sell-off last week.

In conclusion, it can be said that institutional investors’ view of cryptocurrencies is relatively stronger than that of whales and retail investors.

Read also:

New tax on South Koreans on crypto airdrops

Ronin Bridge Hackers Move $625 Million Into Bitcoin

And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time

Previous post
This Is When Bitcoin Bottom Hits…According to Previous Bearish Cycles
Next post
Bitcoin holders withdraw from trading platforms like never before!…Details here