Cardano Skyrockets 3,400% in Fund Inflows as ADA Price Goes Parabolic

UToday

2024-11-18 13:03:30

ADA-3,6%

Last week, inflows into investment products tied to the popular Cardano (ADA) cryptocurrency rose more than 3,400% year-over-year, according to a weekly report from CoinShares. Thus, while, as of Nov. 8, inflows into exchange-traded products tied to the ADA token amounted to a lot of nothing, $100,000; in the following seven-day period, that figure was already $3.4 million.

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