A weekly report by Coinshare, Europe's largest digital asset investment firm, suggests that now investors have more confidence in bitcoin than in any other digital assets products. The report summarizes inflows and outflows to or from various digital assets, reflecting the overall sentiment of investors. Read the report here
Major highlights of the report:
This week bitcoin continues to see inflows, regardless of the negative price action, bringing the total year to date of inflows just above half a billion dollars.
For the past nine weeks, Ethereum has been enduring continuous outflows bringing the total year to date of outflows to US$357 million, indicating a negative sentiment of the investors.
Altcoins saw almost no inflows, showing that investors are inclined towards Bitcoin, which stood the test of time.
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