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Increasing institutional investment in Ethereum and Cardano


Recent data show that funds and large investment firms have purchased significant amounts of Ethereum and Cardano over the past seven days. However, the volume of investment in Bitcoin is still higher than in other digital currencies.

to the Report In a recent report, CoinShares, an analyst at CoinShares, said that in the past seven days, the inflow of large corporations into the Cardano market has been almost equal to Ethereum, and the total amount invested in this digital currency since the beginning of this year It has reached $ 108 million.

Last week, Ethereum inflows reached $ 17.3 million, followed by Cardano with $ 16.4 million. In the previous seven days, Cardano’s inflow was $ 5 million and Ethereum’s was $ 31.4 million.

Increasing institutional investment in Ethereum and Cardano
Capital inflows into the digital currency market by institutional investors

Over the past seven days, the inflow of Solana, Polkadot and Ripple digital currencies has been $ 9.8 million, $ 5.2 million and $ 3.1 million, respectively.

Given that the digital currency market has seen capital inflows for the 13th week in a row, Coin Shears says the recent rise in prices may have attracted more institutional investors.

The report states:

Last week, capital inflows to all digital currency investment products were positive for the 13th consecutive week, totaling $ 151 million. This brought the inflow to a record $ 9 billion this year. The rise in the price of digital currencies last week has pushed the total value of assets under management [شرکت‌های سرمایه‌گذاری در ارز دیجیتال] Reach a record near $ 87 billion; However, it reached $ 83 billion at the end of the week.

According to data from Coin Shears, the current value and volume of inflows of weekly Bitcoin investments is lower than the previous historical peaks, and its dominance in the digital currency market has decreased.

Another part of this report states:

The bulk of the $ 98 million inbound flows came from Bitcoin. This has caused [ارزش بیت کوین‌های تحت مدیریت شرکت‌های سرمایه‌گذاری] Reach a record $ 56 billion. However, Bitcoin’s dominance rate against Altcoins has declined this week.

Coin Shears also said that while digital currency investment products had seen $ 151 million in new capital inflows over the past seven days, those numbers were “insignificantly lower” than at the beginning of this year.

“Shears,” says Coin Shears.

Although capital flows have been positive recently, their volume has declined imperceptibly, as we have seen. Average inflows in the second half of this year averaged $ 750 million and $ 960 million in the first half of this year.

Last week, Coin Shears announced that Theron digital currency has become unexpectedly attractive to institutional investors. However, according to the company, the net investment flow in Tron has been negative this week.

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