Investitorii instituționali pariază pe $SOL, $XRP și $ADA în timp ce scurtează $BTC

Institutional investors have reduced their bets on the cryptocurrency space, but are still investing in altcoin investment products offering them exposure to Solana ($SOL), $XRP, and Cardano ($ADA), while largely retreating from Bitcoin ($BTC).

Conform celor de la CoinShares Fluxuri de fonduri de active digitale report, cryptocurrency investment products saw minor inflows totaling $9.2 million last week, although most inflows were directed at investment products shorting the flagship cryptocurrency Bitcoin.

These bets against BTC came amid a week that saw a multi-year low trading volume totaling $915 million. CoinShares’ report details that cryptoasset price declines have pushed total assets under management down to $27.9 billion, after starting the year at $64 billion.

Regionally, the report shows that Canada, Brazil, Switzerland, and Germany all saw inflows, while negative sentiment came from the U.S., where inflows totaled $800,000 and were mostly into short-Bitcoin investment products.

Bitcoin investment products saw $11.1 million of outflows, while Ethereum investment products saw $2.1 million of outflows. Products shorting BTC saw nearly $18 million in flows, showing institutional investors are betting against BTC.

Products offering exposure to Solana saw $500,000 in inflows, while products offering exposure to XRP saw $200,000 in inflows. Cardano-based investment products saw $100,000 in inflows, while multi-asset products saw $3.3 million in inflows.

While institutions are betting against BTC, blockchain data shows that most cryptocurrency investors have been holding onto their coins throughout the ongoing bear market, as 62% of addresses on the cryptocurrency’s network haven’t sold their coins for more than a year.

As CryptoGlobe reported, earlier this month U.S. stocks and top cryptoassets fell after r comments from the New York Fred President and the governor of the Bank of Estonia suggested that the marile bănci centrale sunt departe de a controla inflația.

 John Williams, președinte și CEO al Băncii Rezervei Federale din New York, a declarat la un eveniment virtual găzduit de Wall Street Journal că crede că este „necesitatea de a obține rate reale ale dobânzilor... peste zero”.

Madis Müller, guvernatorul Băncii Centrale a Estoniei, a spus că consideră că „75 de puncte de bază ar trebui să fie printre opțiunile pentru septembrie, având în vedere că perspectivele inflației nu s-au îmbunătățit”. Se crede că creșterea ratelor dobânzilor crește riscul de recesiune și este văzută ca un negativ pentru activele de risc, cum ar fi BTC.

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