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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Investment of 882 million dollars in Crypto funds: Sui stands out among Altcoins
Crypto funds received a net investment of 882 million dollars over the past week. According to CoinShares' weekly report, the total net investment amount has reached 6.7 billion dollars since the beginning of the year.
The report attributed the sharp increase in both prices and investments to three major reasons. These are; the rise in global M2 money supply, stagflation risks in the U.S., and the approval of Bitcoin as a strategic reserve asset in several U.S. states.
Sui stands out in altcoin funds
Bitcoin funds received $867 million in investments last week. In Ethereum, despite a sharp price increase, the net investment amount remained limited to $1.5 million. Meanwhile, Sui funds surpassed Solana, which closed the week with a $3.4 million deficit, by attracting $11.7 million in investments. When evaluated since the beginning of the year, Sui received $84 million in investments and surpassed Solana, which saw $76 million in fund inflows during the same period.
Finally, XRP funds closed the week at a modest level with a net investment of $1.4 million.
Published: May 12, 2025 16:55