đ Crypto funds continue to record inflows
From June 28 to July 4, cryptocurrency funds attracted $1.04 billion. The value of assets under management structures (AUM) reached a record $188 billion. Trading volume during the period totaled $16.3 billion and remained roughly in line with the weekly average since the beginning of the year.
- $BTC had $790 million in inflows.
- $ETH had $226 million in inflows.
Ethereum products recorded their eleventh consecutive week of investment growth. On average over the past seven days, inflows totaled 1.6% of AUM, significantly higher than bitcoin (0.8%). This trend may indicate a noticeable shift in investor sentiment in favor of the second most capitalized cryptocurrency.
#Ethereum #BTC #ETH