Digital asset manager CoinShares says institutional investors have a strong appetite for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Polkadot (DOT).
According to the company, the market correction made investors want to invest more.
“Digital asset investment products saw an inflow of $306 million last week. This shows that the appetite for digital assets continues.”
Bitcoin will be launched on the Deutsche Borse exchange and this product appears to have pioneered digital assets in terms of capital inflow.
“Bitcoin became the asset to see the biggest inflow with $247M in 5 weeks after the launch of another investment product in Europe”
The largest altcoin Ethereum also saw $23 million in inflows in a week. Solana followed Ethereum with $14.6 million and Polkadot with $11.5 million.