#MarketRebound

CoinShares Inflows/Outflows Report

Last week, crypto funds saw inflows of $308M, but massive outflows began on Thursday and Friday—totaling around $1B. While Bitcoin funds attracted $375M, the overall capital in ETP funds dropped by $17.7B.

Altcoin funds experienced $121M in outflows, although some assets posted gains.

• XRP attracted $8.8M

• Horizen saw $4.8M in inflows

• Polkadot added $1.9M

Ethereum funds recorded $51M in inflows, while Solana funds saw $8.7M in withdrawals.

Metaplanet and MicroStrategy continue expanding their crypto holdings:

• Metaplanet purchased 620 BTC for $60M

• MicroStrategy acquired 5,262 BTC at an average price of $106,662 per coin.