Solana investment products see largest week of inflows since March 2022

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Solana led interest among altcoin funds last week, registering its largest inflows since March 2022, adding $24 million.

Digital-asset investment products at asset managers such as CoinShares, Grayscale, 21Shares, Bitwise and ProShares recorded inflows for the second consecutive week and the most since July, adding $78 million, led by Solana and Bitcoin funds.

Bitcoin dominated the overall inflows, adding $43 million. However, some investors capitalizing on recent price strength began adding to short-bitcoin product positions — resulting in inflows of $1.2 million during the same period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The stock market's report card one year since the bottom of the 2022 bear marketMike Santoli discusses where the market stands one year from the low of the 2022 bear market.
Source: CNBC - 🏆 12. / 72 Read more »