Despite the huge correction facing the entire crypto industry in recent days, institutional investors have maintained their bullish sentiment towards the space.
According to available data from CoinShares, product funds dedicated towards the two largest crypto assets by market cap, Bitcoin and Ethereum continue to grow, with interest in Solana also rising rapidly.
Institutional investors still buying crypto
According to the report, the industry saw inflows of over $150 million within the last one week, with Bitcoin alone seeing an inflow of around $114.4 million followed by Ethereum with $12.6 million in inflow, while other multi-assets products posted $14.1 million.
However, on a Year-to-date record, Bitcoin products have seen over $6.6 billion from institutional investors, while Ether products have seen $1.17 billion in investment. Overall, institutional investors have funneled over $9 billion into the industry this year.
By measure of total inflows over the last month, So
We współpracy z: https://cryptoslate.com/institutional-investors-purchased-43-million-worth-of-solana-sol-last-week/
