Bitcoin saw inflows totalling US$195m last week, while short-bitcoin investment products saw outflows for a 4th consecutive week totalling US$2.5m. Recent price falls have pushed bitcoin global ETP’s total assets under management to their lowest level since just after the US

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<PANews> On March 31st, according to the latest weekly report from CoinShares, digital asset investment products recorded a capital inflow of $226 million, indicating that investor sentiment is positive but still cautious. Altcoins saw their first capital inflow of $33 million after four consecutive weeks of outflows (totaling $1.7 billion). The main beneficiaries were Ethereum ($14.5 million), Solana ($7.8 million), XRP ($4.8 million), and Sui ($4 million).

Bitcoin recorded a capital inflow of $195 million last week, while investment products shorting Bitcoin experienced a capital outflow of $2.5 million for the fourth consecutive week. Due to recent price declines, the total managed assets of global Bitcoin ETPs dropped to $11.4 billion, the lowest level since the US election.

In terms of regional data, capital inflows were $204 million in the United States, $14.7 million in Switzerland, and $9.2 million in Germany. Hong Kong ($2.1 million) and Brazil ($1.3 million) experienced small capital outflows.

CoinShares: Digital asset investment products received $226 million in inflows last week

Author: <1912212.eth>, Foresight News

On March 31, Bitcoin's daily chart has fallen for four consecutive days, sliding from $87,000 to $81,000. Ethereum appears even more dismal, with a daily chart falling for seven consecutive days, dropping from around $2,100 to $1,800. Solana is hovering around $130, with most Altcoins experiencing more declines than gains. According to CoinMarketCap data, the fear index is 24, still indicating extreme panic.

According to Coinglass data, the entire network...

BTC is approaching $80,000, where is the bottom?

According to the latest report from CoinShares, in the past week, cryptocurrency investment products have seen an inflow of 226 million USD, indicating that investor sentiment is positive but still cautious...

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