"Europe's First Bitcoin ETF" Receives Feedback, No Interest

$54 million from crypto products: There is still investment in Solana

Digital investment products saw outflows for the 5th consecutive week. In the weekly report prepared by CoinShares, Europe’s largest digital investment firm, net outflows from crypto products reached a total of $54 million. 85% of these outflows were made up of Bitcoin products. Net outflows from Bitcoin products reached $45 million.

Investments continue in Solana

The Ethereum exit figure was $4.8 million. While Binance and Polygon products saw partial outflows of $300 thousand each, Solana, Cardano and XRP products closed the week in plus. Solana saw inflows of $700,000. Net investments in Solana products since the beginning of the year have reached $26 million.

The total value of crypto investment products appears to be $32 billion. This figure includes products from the $21 billion Grayscale company. In second place is CoinShares’ Bitcoin Fund with $1.5 billion.

Investing by country, it has been observed that the highest sales are in US-based products. American products brought in $41 million weekly. In Germany, the country closest to America, this figure was $5.9 million.

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