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institutional investors purchased 25 million worth of avalanche avax last week

Last week, institutional investors spent $25 million on Avalanche (AVAX).

Despite increased political tensions surrounding the Russia-Ukraine crisis, crypto investment products recorded its fifth consecutive week of inflows, according to the latest report by institutional crypto fund manager CoinShares.

The report, which analyzes weekly flows into digital asset funds, revealed Avalanche as the second biggest performer in the week ending February 21, with inflows totaling $25 million.

Ethereum saw outflows totaling $15 million

read more: Source cryptoslate.com

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