Three assets that enriched crypto funds in 2023 😱
In 2023, cryptocurrency hedge funds amassed a record-breaking $2.225 billion. During this period, investors poured $1.9 billion into bitcoin-based products, accounting for more than 87% of the total investment volume.
Solana and ethereum-based assets secured the second and third positions, attracting $167 million and $78 million respectively.
CoinShares analysts attribute this growth primarily to the topic of spot ETFs. They also predict active capital growth in crypto funds and further price increases in quotes in 2024.
#Bitcoin #Solana #Ethereum
In 2023, cryptocurrency hedge funds amassed a record-breaking $2.225 billion. During this period, investors poured $1.9 billion into bitcoin-based products, accounting for more than 87% of the total investment volume.
Solana and ethereum-based assets secured the second and third positions, attracting $167 million and $78 million respectively.
CoinShares analysts attribute this growth primarily to the topic of spot ETFs. They also predict active capital growth in crypto funds and further price increases in quotes in 2024.
#Bitcoin #Solana #Ethereum
16th March marked the fourth anniversary since the first block of the Solana network was created🎂
A few facts:
💰 is a blockchain platform designed to host decentralised and scalable applications.
💰 can process many more transactions per second and charges less transaction fees than competing blockchains like Ethereum.
💰 is a Proof of Stake (PoS) blockchain enhanced with a Proof of History (PoH) mechanism that uses hash marks to verify transaction timing.
💰 also has its standard for tokenisation — SPL Token, similar to the ERC-20 protocol of the Ethereum network.
💰 There are 441.21 million SOL in circulation with a maximum coin supply of 570.55 million. Currently, the asset is among the top four cryptocurrencies by market capitalisation.
While bitcoin made 2.5X in six months, solana increased in price 10 times👀
Don't miss a bull run on the altcoin market — buy yourself some SOL!
#Solana
This information is not financial advice and cannot be a basis for making financial decisions.
A few facts:
While bitcoin made 2.5X in six months, solana increased in price 10 times👀
Don't miss a bull run on the altcoin market — buy yourself some SOL!
#Solana
This information is not financial advice and cannot be a basis for making financial decisions.
Please open Telegram to view this post
VIEW IN TELEGRAM