Bitcoin exchange rate falls by 7% in a day
In addition to BTC and ETH, last week institutional investors were quite actively investing in instruments based on Terra, Tezos and Cosmos altcoins. The inflow into these assets reached $2.2 million, $0.9 million and $0.6 million, respectively, according to CoinShares.
It took only a week for digital currencies and related assets to raise $75 million. However, bitcoin remains the leader, with $25 million in investments.
In addition, the nine-week phase of the outflow of funds from Ethereum has ended. The largest altcoin by capitalization raised $21 million from institutional investors.