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Cryptocurrencies See a Rise in Weekly Inflows

Cryptocurrencies See a Rise in Weekly Inflows

After a huge outflow of money two weeks back, digital asset products have struck back harder than ever before, accumulating $100 million in weekly inflows. Bitcoin, a virtual asset renowned by most traders, saw a rise totaling $126 million of weekly inflows. 

ETH products, on the other hand, saw varying results. Outflows totaled $357 million, while inflows were reported at $506 million. The variability in outcome was the cause of Ethereum, the second most popular digital asset within the crypto circles, dropping in relevance. Therefore, ETH products fell down with it, but it seems like Ethereum is preparing to rise back up in the near future.

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