Interest in altcoin continues to grow, despite the correction in the cryptocurrency market
The total amount of inflows to funds based on Solana over the past month amounted to $ 43 million, according to experts from the analytical company CoinShares . They noted that institutional investors continue to invest in cryptocurrencies despite the market correction.
Last week, $ 154 million was deposited into funds based on cryptocurrencies, while the price of bitcoin dropped by 12%. Investments in the first cryptocurrency amounted to $ 114 million, while Ethereum recorded an inflow of $ 14 million.
However, there were also altcoins that experienced an investment outflow. For example, funds based on Cardano lost $ 2.1 million in a week.Despite this, over the past month the amount of investments in altcoin increased by $ 23 million.