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Institutional investors made a $103 million inflow into digital asset investment products last week. This is an indicator of the continued corporate interest in <a href="https://en.coin-turk.com/is-the-bull-market-for-bitcoin-starting-this-metric-did-not-mislead-where-is-the-bitcoin-price-going/" data-wpel-link="internal">Bitcoin</a> and altcoin-focused digital asset investment products. It is recalled that institutional investors had ended an 11-week inflow process the previous week, and there had been outflows from digital asset investment products. The inflow last week showed that optimism among institutional investors is ongoing.&nbsp; 
<h2 style="text-align: justify" id="institutional-investors-buy-bitcoin-and-ethereum">Institutional Investors Buy Bitcoin and Ethereum</h2> 
Institutional investors made an inflow of $87.6 million into Bitcoin-focused digital asset investment products this week. While there were inflows of $7.9 million into Ethereum, the recently surging cryptocurrency Solana also saw an inflow of $6 million. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-293578 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/btc-cointurk-3.png" alt="" width="412" height="294"> 
Institutional investors made an inflow of $1 million into Cardano, while outflows were observed from two altcoins. Accordingly, institutional investors sold <a href="https://en.coin-turk.com/the-avalanche-project-avax-continues-to-rise-despite-market-volatility/" data-wpel-link="internal">Avalanche</a> and Litecoin. There was an outflow of $2.6 million from Avalanche and an outflow of $400,000 from Litecoin. 
<h2 id="highest-inflows-from-germany-and-canada">Highest Inflows from Germany and Canada</h2> 
Looking at the countries where institutional investors made inflows, Germany is leading. There was an inflow of $41.6 million from Germany. On the other hand, Canada is in second place with an institutional investor inflow of $25.8 million. The United States is in third place with an inflow of $20.4 million. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-293577 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/12/altcoin-cointurk.png" alt="" width="412" height="249"> 
The only country that experienced an outflow was Sweden. Accordingly, institutional investors in Sweden made an outflow of $8.7 million from digital asset investment products. 
The interest of institutional investors indicates that cryptocurrencies are maturing and integrating into mainstream <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">finance</a>. It also points to the broader adoption and legitimacy of digital assets in the global financial environment. Continue Reading: <a href="https://en.coin-turk.com/institutional-investors-continue-to-show-interest-in-bitcoin-and-altcoins/" data-wpel-link="internal">https://en.coin-turk.com/institutional-investors-continue-to-show-interest-in-bitcoin-and-altcoins/</a>

Institutional Investors Continue to Show Interest in Bitcoin and Altcoins

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