A certain exchange’s Ventures: Institutions continue to increase investment in on-chain finance, accelerating the development of stablecoins and blockchain infrastructure.
According to ChainCatcher, a recent weekly report from a certain exchange shows that last week, the global market continued to be influenced by high interest rate expectations and geopolitical factors, with the crypto market overall remaining volatile. BTC rose 0.2% for the week, ETH increased 1.2%, and market sentiment saw a slight recovery. Meanwhile, BTC spot ETFs ended eight consecutive weeks of net outflows, recording approximately $197 million in net inflows again. ETH spot ETFs also resumed net inflows, with institutional allocation demand showing marginal improvement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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