Crypto investment funds closed last week in minus. In particular, Iran’s UAV and missile operations against Israel brought a decline in cryptocurrencies, but this was not fully reflected in the fund market. The tension that started near the close of the markets on Friday evening reached its peak with the attack on Saturday.
Looking at the report prepared by CoinShares, it is seen that sales remain at a limited level. There were net outflows of $110 million from Bitcoin funds and $29 million from Ether funds. There was a net sale of $3.6 million in Solana funds, which have received serious investments since the beginning of the year.
Surprises continue in altcoin funds
In this category, where many altcoin funds saw surprising entries last week, the surprises of the week came from Decentraland (MANA), Basic Attention Token (BAT) and LIDO (LDO). Funds for these tokens received investments of $4.9, $2.9, and $1.8 million, respectively.
Polkadot (DOT) funds, which also received serious investments last week, completed this week with a surplus of 800 thousand dollars.
Short Bitcoin funds also received investments of $1.7 million after 3 weeks of outflows. There were inflows of $1.6 million into Litecoin funds and $300 thousand into XRP funds.
Grayscale sold for $750 million
While there were net outflows of $145 million in US-based ETFs, Grayscale was again in the leading role. Net sales in Grayscale’s GBTC fund were $751 million. BlaclRock had a net weekly inflow of 486 and Fidelity had a net weekly inflow of $90 million.
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Source: https://uzmancoin.com/kripto-fon-coinshares-altcoin-bitcoin/
