Institutional Investors Inject $308 Million into Cryptocurrency Market – BitRss

Last week, significant fluctuations occurred in the cryptocurrency market, with CoinShares reporting that institutional investors poured $308 million into cryptocurrencies. This data highlights sustained institutional interest despite the uncertainties in the markets.

Notable Increase in Institutional Crypto Investments

CoinShares’ weekly report revealed a total net inflow of $308 million into crypto investment products. This inflow is regarded as a remarkable growth amidst overall selling pressure in the market. The report indicated that Bitcoin $93,831 attracted $375 million, while Ethereum