Solana was cryptocurrency with better performance in investment funds

  • Sol -based funds had tickets for USD 291 million.

  • Secondly, XRP -based investment funds stood out.

Investment products in digital assets registered outings of 812 million dollars last week, reflecting a caution trend among investors.

In the case of Bitcoin -based financial instruments (BTC) recorded 719 million dollars during the week. The investment firm Coinshares Point out that “no proportional increase in the demand for short -term investment products in Bitcoin was observed, indicating that the negative feeling was probably low conviction and temporary.”

This behavior suggests that investors could be evaluating the market with caution, without a firm commitment to bearish positions.

On the other hand, the investment products in Ether (ETH), the Cryptocurrency of Ethereum, also faced an adverse scenario, with outputs of 409 million dollars in the week. This trend reflects a challenging environment for the most consolidated digital assets, in the midst of a market that seems to be in an adjustment phase.

The following graph illustrates weekly flows in financial products in digital assets (in millions of US dollars).

Financial instrument performance graph in digital assets.Financial instrument performance graph in digital assets.
The exits of the financial instruments reached the USD 812 million. Fountain: Coinshares.

In contrast to the general tendency, Solana (Sol) highlighted how the cryptocurrency with better performance, attracting tickets of 291 million dollars to your investment funds.

XRP followed, issued by Ripple, with positive flows of 93 million dollars. To a lesser proportion, but also with positive results, SUI (SUI) stands out with 2.9 million dollars and Cardano (ADA) with 1.3 million dollars, as seen in the following image.

Performance table of investment funds per digital asset.Performance table of investment funds per digital asset.
Solana and XRP had positive flows. Fountain: Coinshares.

This Impulse Sol and XRP is attributed to the growing expectations about the possible arrival of funds quoted in the stock market (ETF) for both cryptocurrencies, which has generated a renewed interest among investors.

According to Bloomberg Intelligence analysts, Eric Balchunas and James Seyffart, The probability that the ETFs of Solana and XRP are approved reaches 95%. As Cryptonoticia has reported, October will be a key month, since the Bag and Securities Commission (SEC) will decide whether it gives green light to these financial instruments, an event that could redefine the investment panorama in these assets.

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