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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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The US panic benefited crypto funds: 3.3 billion dollars investment
Net investments of $3.3 billion were made in crypto funds last week. Thus, the funds completed the sixth consecutive week in positive territory, receiving a total of $10.5 billion in investments during this period.
According to CoinShares' weekly report, the increasing interest in crypto funds is due to the rapid rise in US bond yields following Moody's downgrade of the US credit rating, which has prompted investors to diversify their portfolios with cryptocurrencies.
5 altcoins including ETH performed positively
Bitcoin attracted the majority of fund inflows with approximately 3 billion dollars, followed by Ethereum with 326 million dollars. The fact that Ethereum's funds closed positively for the fifth consecutive week indicated that investor sentiment continued to improve. A net investment of 4.3 million dollars was made in Solana, while Sui received 2.9 million dollars, whereas Cardano and Chainlink received more modest investments.
The 80-week series in XRP has ended
On the other hand, the positive series of XRP funds lasting 80 weeks has ended with an outflow of 37.2 million dollars. This has also been recorded as the largest fund outflow ever recorded for XRP.
Lastly, some investors viewed price increases as an opportunity to open short positions, and therefore, a $12.7 million inflow was recorded in short-Bitcoin products.
Published: May 26, 2025 17:44