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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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🔗 Full details: https://www.gate.com/announcements/article/45683
Last week, digital asset investment products had a net inflow of $286 million, with Ethereum leading the way.
Gate News bot news, CoinShares released a weekly report on the fund flow of digital asset investment products, pointing out that the inflow of funds reached 286 million USD last week, with a total inflow of 11 billion USD over the past seven weeks. However, due to investors waiting for a clear statement from The Federal Reserve (FED), the inflow rate has slowed down. Ethereum leads with an inflow of $296.4 million, marking seven consecutive weeks of inflows, totaling $1.5 billion, which is the highest increase since the U.S. elections, currently accounting for 10.5% of the total assets under management.
Due to policy uncertainty, investors are taking a wait-and-see attitude, leading to a slight outflow of Bitcoin for the second consecutive week, totaling $56.5 million. Products that short Bitcoin have also seen outflows for the second week in a row.
Altcoins are performing weakly, with Sui attracting a small inflow of $1.1 million, while XRP has seen outflows for the third consecutive week, totaling $6.6 million.