Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
  • Home
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
    • Monero
    • XRP
    • Zcash
  • Web3
  • DeFi
  • NFTs
No Result
View All Result
Altszn.com
No Result
View All Result

EU market drives 90% of inflows as crypto investments soar to $78m

Altszn.com by Altszn.com
October 9, 2023
in Solana
0
EU market drives 90% of inflows as crypto investments soar to $78m
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



Cryptocurrency investment products reached their highest volume since July 2023, totaling $78 million.

Coinshares reported that the volumes of crypto exchange-traded products (ETPs) increased by 37%, reaching nearly $1.1 billion.

The report also stated that Solana hit its highest level since March 2022, reaching a value of $24 million. Coinshares added that the inflows are divided, 90% coming from the European market, and the US and Canada saw only $9 million inflows. Bitcoin got the highest inflows, totaling $43 million during last week.

Cryptocurrency industry challenges

The cryptocurrency industry faces several challenges that need to be addressed for its widespread adoption and long-term success.

One of the biggest challenges for the cryptocurrency industry is the need for more precise and consistent regulations across different jurisdictions. The absence of regulatory frameworks creates uncertainty for businesses and investors, making it difficult to operate and comply with legal requirements. Clear and balanced regulations are needed to protect consumers, prevent fraud, and foster innovation.

The decentralized nature of cryptocurrencies makes them vulnerable to security breaches and fraud. Hacking incidents, thefts, and scams have occurred, leading to significant financial losses for individuals and businesses. Strengthening security measures, implementing robust authentication protocols, and educating users about best practices for securing their digital assets are crucial to mitigate these risks.

As the popularity of cryptocurrencies grows, scalability becomes a pressing issue. Bitcoin, for example, has faced challenges in processing a large number of transactions quickly and efficiently. Scalability solutions like the Lightning Network are being developed, but widespread implementation is still needed to handle the increasing demand and ensure smooth transactions.


Follow Us on Google News



Read More: crypto.news

Tags: 78MCryptodrivesinflowsInvestmentsMarketSoarSolana
ADVERTISEMENT

Recent

Ross Ulbricht Auction Nets $1.8M in Bitcoin

Ross Ulbricht Auction Nets $1.8M in Bitcoin

June 1, 2025
Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets

Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets

June 1, 2025
Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

Sui vote on $162M Cetus funds ignites decentralization debate in DeFi

May 30, 2025

Categories

  • Bitcoin (4,522)
  • Blockchain (10,788)
  • Crypto (8,729)
  • Dark Web (443)
  • DeFi (8,107)
  • Ethereum (4,550)
  • Metaverse (6,803)
  • Monero (249)
  • NFT (1,094)
  • Solana (4,910)
  • Web3 (19,838)
  • Zcash (458)

Category

Select Category

    Advertise

    Advertise your site, company or product to millions of web3, NFT and cryptocurrency enthusiasts. Learn more

    Useful Links

    Advertise
    DMCA
    Contact Us
    Privacy Policy
    Shipping & Returns
    Terms of Use

    Resources

    Exchanges
    Changelly
    Web3 Jobs

    Recent News

    Ross Ulbricht Auction Nets $1.8M in Bitcoin

    Ross Ulbricht Auction Nets $1.8M in Bitcoin

    June 1, 2025
    Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets

    Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets

    June 1, 2025

    © 2022 Altszn.com. All Rights Reserved.

    No Result
    View All Result
    • Home
      • Home – Layout 1
      • Home – Layout 2
      • Home – Layout 3

    © Altszn.com. All Rights Reserved.

    • bitcoinBitcoin (BTC) $ 104,347.00
    • ethereumEthereum (ETH) $ 2,513.46
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.16
    • bnbBNB (BNB) $ 653.96
    • solanaSolana (SOL) $ 154.75
    • usd-coinUSDC (USDC) $ 0.999791
    • dogecoinDogecoin (DOGE) $ 0.189890
    • tronTRON (TRX) $ 0.268574
    • cardanoCardano (ADA) $ 0.674142
    • staked-etherLido Staked Ether (STETH) $ 2,510.24
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,275.00
    • suiSui (SUI) $ 3.26
    • hyperliquidHyperliquid (HYPE) $ 32.41
    • wrapped-stethWrapped stETH (WSTETH) $ 3,020.01
    • chainlinkChainlink (LINK) $ 13.88
    • avalanche-2Avalanche (AVAX) $ 20.70
    • stellarStellar (XLM) $ 0.265856
    • bitcoin-cashBitcoin Cash (BCH) $ 403.97
    • leo-tokenLEO Token (LEO) $ 8.68
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999735
    • hedera-hashgraphHedera (HBAR) $ 0.168229
    • wethWETH (WETH) $ 2,514.59
    • litecoinLitecoin (LTC) $ 86.71
    • wrapped-eethWrapped eETH (WEETH) $ 2,683.94
    • polkadotPolkadot (DOT) $ 4.05
    • moneroMonero (XMR) $ 326.08
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • bitget-tokenBitget Token (BGB) $ 4.67
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.634146
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,369.00
    • whitebitWhiteBIT Coin (WBT) $ 31.24
    • daiDai (DAI) $ 1.00
    • bittensorBittensor (TAO) $ 426.32
    • uniswapUniswap (UNI) $ 6.22
    • aaveAave (AAVE) $ 241.76
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • crypto-com-chainCronos (CRO) $ 0.103006
    • okbOKB (OKB) $ 50.10
    • aptosAptos (APT) $ 4.74
    • nearNEAR Protocol (NEAR) $ 2.41
    • jito-staked-solJito Staked SOL (JITOSOL) $ 186.50
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.70
    • internet-computerInternet Computer (ICP) $ 4.90
    • ondo-financeOndo (ONDO) $ 0.826133
    • bitcoinBitcoin (BTC) $ 104,347.00
    • ethereumEthereum (ETH) $ 2,513.46
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.16
    • bnbBNB (BNB) $ 653.96
    • solanaSolana (SOL) $ 154.75
    • usd-coinUSDC (USDC) $ 0.999791
    • dogecoinDogecoin (DOGE) $ 0.189890
    • tronTRON (TRX) $ 0.268574
    • cardanoCardano (ADA) $ 0.674142
    • staked-etherLido Staked Ether (STETH) $ 2,510.24
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 104,275.00
    • suiSui (SUI) $ 3.26
    • hyperliquidHyperliquid (HYPE) $ 32.41
    • wrapped-stethWrapped stETH (WSTETH) $ 3,020.01
    • chainlinkChainlink (LINK) $ 13.88
    • avalanche-2Avalanche (AVAX) $ 20.70
    • stellarStellar (XLM) $ 0.265856
    • bitcoin-cashBitcoin Cash (BCH) $ 403.97
    • leo-tokenLEO Token (LEO) $ 8.68
    • the-open-networkToncoin (TON) $ 3.14
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • usdsUSDS (USDS) $ 0.999735
    • hedera-hashgraphHedera (HBAR) $ 0.168229
    • wethWETH (WETH) $ 2,514.59
    • litecoinLitecoin (LTC) $ 86.71
    • wrapped-eethWrapped eETH (WEETH) $ 2,683.94
    • polkadotPolkadot (DOT) $ 4.05
    • moneroMonero (XMR) $ 326.08
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • bitget-tokenBitget Token (BGB) $ 4.67
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pepePepe (PEPE) $ 0.000012
    • pi-networkPi Network (PI) $ 0.634146
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 104,369.00
    • whitebitWhiteBIT Coin (WBT) $ 31.24
    • daiDai (DAI) $ 1.00
    • bittensorBittensor (TAO) $ 426.32
    • uniswapUniswap (UNI) $ 6.22
    • aaveAave (AAVE) $ 241.76
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
    • crypto-com-chainCronos (CRO) $ 0.103006
    • okbOKB (OKB) $ 50.10
    • aptosAptos (APT) $ 4.74
    • nearNEAR Protocol (NEAR) $ 2.41
    • jito-staked-solJito Staked SOL (JITOSOL) $ 186.50
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • tokenize-xchangeTokenize Xchange (TKX) $ 33.70
    • internet-computerInternet Computer (ICP) $ 4.90
    • ondo-financeOndo (ONDO) $ 0.826133