Institutional crypto funds see largest capital inflows for 3 months

Digital Asset Fund Floss Weekly reports that investment products for digital assets saw a total inflow of $ 193 million last week, not seen since the beginning of December 2021.

The last time investment levels were close to the current figure was in the week ending December 3, where a flow of $ 184 million was observed.

There was a large focus on Bitcoin (BTC) in the flow of funds, with only 50% of the capital going to BTC-based products, resulting in a total inflow of $ 98 million.

Solana (SOL) was runner-up, seeing $ 87 million inflows per week, a statistic that Coinshares says is the biggest single-week inflow on record. SOL-based funds now represent 36% of the assets under management with institutional firms, the largest altcoin after Ether (ETH). ETH-based funds saw a total inflow of $ 10.2 million last week.