Crypto Blog
Digital asset investment products surged for the second consecutive week, reaching a total of $932 million. Despite an increase in inflows, the trading volume for the week was only $10.5 billion, significantly lower than the $40 billion recorded in March.
Various altcoins also received inflows, with notable amounts going into Solana, Chainlink, and Cardano, amounting to $4.9 million, $3.7 million, and $1.9 million, respectively. Investment products dedicated to Litecoin also saw modest inflows of $0.5 million during the same period.about the US Securities and Exchange Commission’s approval of a spot-based ETF, resulting in outflows of $23 million over the past week.
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