Summary
- It was reported that approximately $486 million flowed into Bitcoin last week.
- Ripple saw an inflow of $14.7 million, recording the second-highest inflow among altcoins.
- It was stated that $30 million was withdrawn from Ethereum last week.
Last week, approximately $490 million (about 700 billion KRW) flowed into Bitcoin (BTC).
According to the 'Digital Asset Fund Flows Weekly Report' released by the cryptocurrency asset management company CoinShares on the 3rd (local time), $486 million flowed into Bitcoin last week. On a cumulative basis for this year, $4.879 billion has flowed into Bitcoin.
Last week, $30 million was withdrawn from Ethereum. During the same period, Ripple recorded an inflow of $14.7 million. Since the beginning of the year, $105 million has flowed into Ripple, ranking second among altcoins after Ethereum ($177 million).
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![Trump ally Myron, a Fed governor, resigns White House post…pushing for rate cuts until Warsh arrives? [Fed Watch]](https://media.bloomingbit.io/PROD/news/75fa6df8-a2d5-495e-aa9d-0a367358164c.webp?w=250)
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