PANews March 2 News, according to CoinShares’ latest weekly report, digital asset investment products saw approximately $1 billion in net inflows last week, ending a previous five-week period of a total $4 billion net outflow. Regionally, the US saw inflows of about $957 million, while Canada, Germany, and Switzerland experienced inflows of $34.1 million, $31.7 million, and $28.4 million respectively. By asset, Bitcoin received approximately $881 million in inflows, but short Bitcoin products also saw inflows of $3.7 million, reflecting ongoing market divergence; Ethereum saw inflows of $117 million, the highest since mid-January this year, but both Bitcoin and Ethereum remain net outflows for the year. Solana had a weekly inflow of $53.8 million, with a total inflow of $156 million year-to-date, continuing to lead major altcoins, while Chainlink recorded a slight inflow of $3.4 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment
Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge.
Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in
CryptoNewsFlash6m ago
Trader Opens $42.7M Bitcoin Long Position with 30x Leverage as BTC Hits $71,000
Gate News bot message, Bitcoin returned to $71,000. Trader 0x004E opened a 30x long position on 600 BTC ($42.7M) in the past 20 minutes at an entry price of $70,235.8. The trader has unrealized profit of $570K. The liquidation price is $66,942.69.
GateNews50m ago
QCP: Bitcoin remains resilient amid the Hormuz crisis, while AI and tech industries come under pressure
The closure of the Strait of Hormuz has led to rising energy prices, with Brent crude reaching $83 and natural gas up 50%. The South Korean stock index KOSPI fell 20% due to the impact. Bitcoin performed strongly, possibly indicating a shift in risk appetite. The market expects continued volatility, with all parties pressuring Iran to open the strait.
GateNews53m ago
