Digital Assets See Third Consecutive Week of Positive Inflows, Reversing Previous Nine-Week Exit

CoinShares published a report on July 10 showing that positive digital asset inflows for the third consecutive week have completely reversed the previous nine-week exit in the market. BTC Dominates! This week’s inflows were recorded at 136 million dollars. Bitcoin (BTC) funds maintained their dominance with 98% of the inflows coming into BTC. The remaining 2% primarily consisted of Ethereum (ETH), multi-asset tokens, and a few altcoins. After nine weeks of digital asset outflows exceeding inflows, the third consecutive week of positive movement brought the total for the current series to 470 million dollars. According to CoinShares, this total fully reverses the previous exit series. Bitcoin inflows did not slow down last week after hitting their highest levels in the previous two years. Based on the data, last week’s BTC inflow was 123 million dollars. This week, an additional 10 million dollars brought the two-week inflow solely for BTC to […] The post Digital Assets See Third Consecutive Week of Positive Inflows, Reversing Previous Nine-Week Exit appeared first on COINTURK NEWS.