Latest Situation in Altcoin Funds Has Been Revealed – The Leader Has Pulled Ahead by a Wide Margin, Even Surpassing Ethereum

Cryptocurrency analytics firm CoinShares has released its weekly fund flow report for digital asset investment ￰0￱ to the report, a total of $360 million in outflows occurred last ￰1￱ trend was attributed to investors' “hawkish” assessment of cautious statements by Fed Chair Jerome Powell regarding a potential interest rate cut in ￰2￱ report showed that the largest outflow occurred in Bitcoin ￰3￱ investment products alone recorded a net outflow of $946 ￰4￱ attributed this to Powell's statements creating uncertainty about interest rate cuts, arguing that Bitcoin is the most sensitive digital asset to monetary ￰5￱ this, demand for Solana (SOL) funds has been ￰6￱ by new US ETFs, Solana products saw $421 million inflows, the second-largest weekly inflow in ￰7￱ brings Solana's total inflows since the beginning of the year to $3.3 ￰8￱ News: Bitcoin Price Suddenly Drops Below $106,000 Major Liquidation Underway, Here Are the Latest Updates Ethereum (ETH) funds also closed the week with $57.6 million in net ￰9￱ noted that while investors were hesitant in daily flows, the overall trend remained ￰10￱ to CoinShares data, weekly fund flows were as follows: Bitcoin (BTC): –$946 million Ethereum (ETH): +$57.6 million Multi-asset funds: +$8.3 million Solana (SOL): +$421.1 million XRP: +$43.2 million Sui (SUI): +$9.4 million Litecoin (LTC): +$1.5 million Cardano (ADA): +$0.7 million Chainlink (LINK): +$0.5 million Other assets: +$43.4 million Looking at the regional breakdown, negative investor sentiment was concentrated in US-based ￰11￱ the country saw $439 million in outflows overall, European countries like Germany ($32 million) and Switzerland ($30.8 million) attracted attention with positive, albeit limited, ￰12￱ expectations of a rate cut, investor caution has heightened uncertainty in the ￰13￱ to CoinShares, the large outflows, particularly from Bitcoin funds, suggest that market sentiment has not yet fully recovered.

Conversely, inflows into major altcoins like Solana and Ethereum suggest that investors are continuing to diversify. *This is not investment ￰14￱ Reading: Latest Situation in Altcoin Funds Has Been Revealed – The Leader Has Pulled Ahead by a Wide Margin, Even Surpassing Ethereum