Ethereum

Litecoin

Solana

Strong

Chainlink

<p>Institutional investment in <a href="https://www.cryptopolitan.com/international-agency-to-address-crypto-asset/" rel="noopener noreferrer nofollow">crypto</a> remains robust, with digital assets manager CoinShares reporting a fourth consecutive week of significant inflows. According to the latest Digital Asset Fund Flows report by CoinShares, institutional investors injected a staggering $598 million into crypto investment products over the past week alone, bringing the year-to-date inflows close to the $6 billion mark.</p>
<h2 class="wp-block-heading" id="strong-inflows-despite-regional-variances">Strong inflows despite regional variances</h2>
<p>Despite regional disparities, the United States emerged as the leader in inflows, with a notable $610 million influx. This comes even as Grayscale, a major player in the crypto investment space, faced substantial outflows totaling $436 million during the same period.&nbsp;</p>
<p>In contrast, Brazil and Switzerland experienced minor inflows of $8.2 million and $2.1 million, respectively. However, Canada and Sweden witnessed outflows, with $18 million and $8 million exiting their respective markets.</p>
<p>Bitcoin (BTC) maintained its dominance in attracting investment, capturing the lion’s share of inflows at $570 million. Interestingly, short BTC products saw comparatively smaller inflows at $3.9 million.&nbsp;</p>
<p>Despite Solana (SOL) experiencing $3 million in outflows, likely due to a recent network outage, Ethereum (ETH), Chainlink (LINK), and XRP saw substantial inflows. Ethereum garnered $17 million, while Chainlink and XRP received $1.8 million and $1.1 million, respectively.</p>
<h2 class="wp-block-heading" id="diversification-trends-and-altcoin-inflows">Diversification trends and Altcoin inflows</h2>
<p>Multi-asset <a href="https://www.cryptopolitan.com/coinbase-influence-crypto-texas-elections/" rel="noopener noreferrer nofollow">crypto</a> investment products diversify across multiple cryptocurrencies and saw $6.8 million in inflows over the past week. Litecoin (LTC) and Cardano (ADA) attracted $1 million and $0.4 million in investments, respectively. This underscores a growing trend among investors to explore alternative cryptocurrencies beyond the traditional favorites like Bitcoin.</p>

Institutions continue to flock to crypto investment products, surpassing $598M in weekly inflows

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