Solana has emerged as a leading favorite among investors, with its 27th week of net positive inflows this year amounting to $5 million. In stark contrast, Ethereum has experienced seven consecutive weeks of outflows, totaling $1.5 million.The previous week saw a reversal in the investment tide, attributed to a surge in price momentum and apprehensions regarding US government debt prices. Bitcoin secured a whopping $20 million in inflows, while outflows from short-Bitcoin positions declined by $1.5 million.The regional investment landscape also experienced divergence, with the US observing outflows of $19 million, while Europe and Canada experienced inflows of $23 million and $17 million respectively.Despite the buoyancy in prices, trading volumes remain seasonally suppressed, possibly reflecting the market’s cautious optimism.
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Information |
Details |
Geography |
Europe |
Countries |
🇺🇸 🇨🇦 |
Sentiment |
neutral |
Relevance Score |
8 |
People |
None |
Companies |
SEC, CoinShares, Ethereum, Coinbase, Bitcoin, FCA, CySEC, FINRA |
Currencies |
US Dollar, Solana, Ethereum, Bitcoin, Euro |
Securities |
None |