Reported 2 days ago
In a remarkable week, institutional investments surged by $6 billion into digital assets, with Bitcoin leading at $3.55 billion, followed by Ethereum at $1.48 billion and Solana at $706 million. This influx coincided with Bitcoin surpassing $125,000 and reflects concerns over U.S. economic stability amid government shutdowns and weak employment data. The total assets under management in crypto reached a new high of $254 billion, driven by strong demand from U.S. institutional investors.
Source: YAHOO