Flow

United

Solana

Uniswap

Bitcoin

<p style="text-align: justify">The interest of institutional investors in the crypto world continues without slowing down. Accordingly, the weekly inflow of $176 million has caused excitement in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a>. This indicates consecutive eight-week inflows. It is also an indicator of the optimism of institutional investors towards the cryptocurrency market.</p>
<p><img decoding="async" class="aligncenter wp-image-278904 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/altcoin-cointurk-1.webp" alt="altcoin cointurk" width="828" height="833"></p>
<h2 style="text-align: justify" id="institutions-flock-to-bitcoin-and-altcoins">Institutions Flock to Bitcoin and Altcoins</h2>
<p style="text-align: justify">With the influx of institutional investors, the ETP share in the crypto volumes has also increased. Accordingly, it indicated a rise with an average of 11% compared to the long-term historical average of 3.4%. Therefore, it should be noted that this percentage is well above the averages seen in the 2020/21 bull market.</p>
<p><img decoding="async" class="aligncenter wp-image-278905 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/coinshares-cointurk.png" alt="coinshares cointurk" width="950" height="553"></p>
<p style="text-align: justify">Crypto asset investment products saw a total inflow of $176 million last week, as a continuation of the weekly inflows that have been ongoing for eight weeks. Therefore, the inflows have reached $1.32 billion since the beginning of the year. However, this figure is significantly lower than the $10.7 billion in 2021 and $6.6 billion in 2020. Transaction volumes in ETPs have reached twice the average of this year, which is $3 billion per week, compared to the average of $1.5 billion.</p>
<h2 style="text-align: justify" id="how-did-the-flow-to-altcoins-shape-up">How Did the Flow to Altcoins Shape Up?</h2>
<p style="text-align: justify">Apart from <a href="https://en.coin-turk.com/bitcoin-etf-news-triggers-price-surge-but-blackrock-denies-approval/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a>, there are surprising results in terms of institutional interest in altcoin projects this week. Accordingly, Solana attracted $13.6 million in investments and remained the focus of institutional interest this week, just like the previous week. On the other hand, Ethereum received $3.3 million, and <a href="https://en.coin-turk.com/can-stars-arena-save-avalanche-avax-as-token-inflation-drags-it-below-10/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Avalanche</a>, which has seen significant increases in recent days, received institutional inflows of $1.8 million. There are minor outflows in Uniswap and Polygon, with outflows of $550,000 and $860,000, respectively. There are also outflows in the short-focused Bitcoin investment product, with an exit of $8.5 million.</p>
<p><img decoding="async" class="aligncenter wp-image-278907 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/altcoinler-cointurk.png" alt="" width="909" height="603"></p>
<p style="text-align: justify">Finally, looking at the regional basis, Canada led the way with institutional inflows of $98 million, followed by Germany with $63 million, and Switzerland with $35 million. On the other hand, there was a total outflow of $19 million from futures-based products in the United States.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-278909 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/ulkeler-cointurk.png" alt="ulkeler cointurk" width="884" height="527"></p> Continue Reading: <a href="https://en.coin-turk.com/institutional-investors-interest-in-crypto-continues-unabated/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/institutional-investors-interest-in-crypto-continues-unabated/</a>

Institutional Investors’ Interest in Crypto Continues Unabated

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