Institutional money moves to Cardano and Stellar as Bitcoin and Ethereum take a breather

Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares.

In a new report on the digital asset markets, CoinShares unveils that while many assets are bleeding institutional money, ADA and XLM are receiving positive inflows from big investors.

The past week Cardano saw inflows of $1.7 million and XLM saw inflows of $1 million, according to the firm.

Cardano’s USD price is stable on the week, down 1.5% over the past seven days. XLM is also in red territory, falling over 7% on the week at time of writing.

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