Bitcoin and ethereum, the two largest cryptocurrencies in terms of market capitalization, posted strong inflows last week that saw investments in the sector hit $489 million, the largest since February, CoinShares weekly data showed on Tuesday.
Bitcoin received the lion’s share of investor inflows last week of $441.7 million, with $4.2 billion so far this year. The world’s largest digital currency posted record weekly outflows the previous week.
Ethereum posted inflows of $30.2 million last week and an all-time peak of $13.9 billion in 2021, data showed.
Total inflows so far this year were $5.45 billion.
Reference: Reuters
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