What are the most popular altcoins among institutional investors?
Feb 16, 2022
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.
