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Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On?

Bitcoinist LogoBitcoinist13h ago

Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On? - Bitcoinist

Quick Summary:

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week.

The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

This is particularly notable because last week’s data marked the 16th consecutive week of inflows into multi-asset products.

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Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On? - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-08 @ 20:30:17 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22959850

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On?" has 451 words across 36 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What’s Going On?" was covered 13 hours ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 13 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://beamstart.com/news/solana-xrp-record-inflows-from-17284220362003

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