• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Expected Institutional Cryptocurrency Investment Report, Which Altcoins Are They Buying?
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Expected Institutional Cryptocurrency Investment Report, Which Altcoins Are They Buying?
Crypto News

Expected Institutional Cryptocurrency Investment Report, Which Altcoins Are They Buying?

vitalclick
Last updated: December 9, 2024 11:51 am
3 months ago
Share
SHARE

King cryptocurrency The unit dropped again to prices of $98,400, but the expected investment report also arrived. The report, which tracks institutional investor activity in the cryptocurrency markets, shows which altcoins investors are investing in with ETF and ETP products. We share this important report with our readers every Monday.

Institutional Investor ReportBitcoin and Altcoin Entries

Institutional Investor Report

The record entry seen in previous weeks was moved up and the largest weekly entry peak was seen at $3.85. Crypto These inflows, which reflect the ever-increasing interest in currencies, show that the appetite for institutional demand may not have reached its saturation point yet. Since the first day of 2024, the total inflows have reached a huge level.

While annual inflows exceeded $41 billion, the total assets of cryptocurrency investment product issuers climbed to a new record level of $165 billion. The cycle peak in 2021 was an annual inflow of 10.6 billion dollars and a total reserve size of 83 billion dollars. Total assets have doubled while inflows have nearly quadrupled this cycle.

This is exciting considering that the cycle peak has not yet been reached and the year is still weeks away.

Bitcoin and Altcoin Entries

So, which cryptocurrencies attracted more attention in addition to total entries? Of course first place Bitcoin $98,523.4 (BTC) and you can see the details in the table below. Investors in the US region represented almost all of the inflows. While $3.6 billion of inflows came from the United States, Switzerland, Germany, Canada and Australia hosted inflows of $160, 116, 14 and 10 billion, respectively.

Ethereum $3,879.7 had its best week since the ETF launch in July. The altcoin king, which sees a weekly inflow of 1.2 billion dollars, reached 4 thousand dollars last week. Solana (SOL) is having its second consecutive debut week and we saw $14 million in sales. The spot price fell to $227.

Blockchain stocks saw inflows of $124 million, the largest inflow since January, while BTC shorts saw inflows of $6.2 million. While XRP Coin entered 134 million, it was followed by Cardano (ADA). $1.1 followed. LTC and BNB Coin attracted inflows of $2.1 and $3.3 million respectively.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

TRUMP Meme Coin Skyrockets as Arthur Hayes Sees It Beating Bitcoin

Elon Musk’s DOGE Launches SEC Probe as Ripple Lawsuit Nears End

Mike McGlone Reveals What Went Wrong after ETF Launch as $60k Remains Unbeatable Level: ‘Race is Over’

Unstoppable Domains Targeted in Phishing Hoax; Ripple CTO Issues Scam Alert

Top Hacks and Vulnerabilities You Need to Know

TAGGED:Cryptocurrency
Share This Article
Facebook Twitter Email Print
Previous Article Ripple (XRP), ETH, RUNE 2025 ATH Targets
Next Article Crypto Under Pressure? 6 Economic Data to Watch Next Week
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?