A large number of investors increased their investments in the crypto space following this week’s market correction.
For the week ending Friday (Sept. 10), cryptocurrency funds have surpassed $57 million in inflows, according to a report released by crypto asset manager CoinShares on the 13th.
The report revealed that out of this figure, Solana recorded an inflow of $50 million. Compared to this, Bitcoin saw an inflow of just over $ 200,000. Meanwhile, Ethereum saw minor outflows of $6.3 million.
In its weekly Digital Asset Fund Flows report, CoinShares wrote:
“The trend of diversification remains intact amongst investors, with inflows into Cardano, multi-asset, XRP and Polkadot totalling US$3.5m, US$3.2m, US$3.1m and US$1.7m respectively.”
The report suggested that Investors have become more active after such a long period of stagnation.