Crypto funds break outflow streak as Bitcoin dominates and Solana 'shines'

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank ChaparroDigital asset investment products recorded net inflows of $21 million for the first time in six weeks.

After a six-week outflow streak, digital asset investment products at asset managers such as CoinShares, Grayscale, 21Shares, Bitwise and ProShares recorded inflows of $21 million over the past week. Bitcoin dominated the crypto fund inflows, adding $20.4 million over the last week. Short bitcoin investment products saw $1.5 million withdrawn, adding to $85 million in outflows since April — suggesting

However, ether products experienced outflows for the seventh consecutive week, shedding $1.5 million, making it the “least loved” altcoin, Butterfill said, amid theThe sudden influx comes in response to positive price momentum, concerns over U.S.

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