{"id":74701,"date":"2023-07-25T01:24:18","date_gmt":"2023-07-25T01:24:18","guid":{"rendered":"https:\/\/kryptodata.se\/investors-shift-focus-from-bitcoin-funds-to-ether-and-xrp-in-the-crypto-market\/"},"modified":"2023-07-25T01:24:18","modified_gmt":"2023-07-25T01:24:18","slug":"investors-shift-focus-from-bitcoin-funds-to-ether-and-xrp-in-the-crypto-market","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/investors-shift-focus-from-bitcoin-funds-to-ether-and-xrp-in-the-crypto-market\/","title":{"rendered":"Investors shift focus from Bitcoin funds to Ether and XRP in the crypto market"},"content":{"rendered":"
Bitcoin-related investment products experienced outflows of $13 million in the past week, marking the first week of outflows since Blackrock filed for a spot Bitcoin ETF in June. This reversal comes after five weeks of bullish inflows. In contrast, Ether and XRP investment products saw a combined inflow of $9.2 million during the same period. Ether investment products were the best performer with inflows of $6.6 million, while XRP funds recorded an inflow of $2.6 million. Altcoins Solana and Polygon also saw inflows of $1.1 million and $0.7 million, respectively. Bitcoin remains the dominant digital asset investment product, with $558 million in inflows so far in 2023 and a total of $25.0 billion in assets under management, accounting for 67.4% of the total market share.<\/p>\n","protected":false},"excerpt":{"rendered":"
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Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. <\/p>\n","protected":false},"author":1,"featured_media":74702,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[17],"tags":[47,75],"class_list":["post-74701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-polygon"],"yoast_head":"\n