Cardano, tron, sandbox draw interest as investors shy away from bitcoin: CoinShares

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Cardano, tron, sandbox draw interest as investors shy away from bitcoin: CoinShares
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Digital asset investment products saw a fourth consecutive week of outflows, while eight altcoin assets saw inflows.

Digital asset investment products saw a fourth week of outflows, while eight altcoin assets saw inflows, including cardano and tron.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Digital asset investment products saw a fourth consecutive week of outflows totaling $54 million, led as usual by bitcoin, while eight altcoin assets saw inflows.

The most notable inflows were to cardano, tron and sandbox. Binance was the only altcoin to see outflows. Bitcoin saw outflows totaling $38 million, representing 80% of all outflows for the week."When combined with short-bitcoin outflows they highlight that the recent investor activity has almost solely been focused on the asset," the firm said.

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