Polkadot Reports Increase in Weekly Cryptocurrency Flows


Cryptocurrency inflows were hit hard last week as the price of major digital assets fell sharply in the past 7 days. Despite a decline in overall entries in crypto-related investment products, Polkadot reported an increase in weekly entries.

According to the latest weekly cryptocurrency inflows report released by CoinShares, crypto investment products totaled $ 395 million last week, down almost 20% from $ 492 million in the third week of February.

Polkadot posted $ 7 million in inflows last week. Ethereum, the world’s second largest cryptocurrency, attracted nearly $ 91 million in the last week of February. Despite the reason why no major outflows have been reported …

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