Ah, the curious case of Bitcoin-once the dark horse of finance, now strutting back onto the stage like a dashing maestro reclaiming his baton. Investors, in a fit of collective optimism or perhaps just a fancy for shiny digital tokens, poured a staggering $2.4 billion into Bitcoin, its grandest weekly encore since July. Meanwhile, the poor short-Bitcoin products flopped around like drowned rats, draining assets to a meager $86 million. How the mighty have tumbled!
Ethereum, never one to be left out of the limelight, decided to interrupt its eight-day withdrawal retreat and pirouette back with four days of inflows totaling a neat $646 million. One might say it had a change of heart-or just found a better party to attend.
Altcoins Crash the Gala
According to the latest missive from the scribes at CoinShares (who keep the Digital Asset Fund Flows Weekly Report as sacred scripture), weaker US macroeconomics made investors think, “Why not?” and ushered a tidal wave of $3.3 billion back into digital assets. Prices danced upwards toward the weekend, buoying the total assets under management to a lofty $239 billion-just shy of the august $244 billion peak from early August. Close enough to brag, but not quite to live large.
The sprightly Solana commandeered the spotlight Friday with a record-smashing single-day inflow of $145 million, rounding out its weekly haul at $198 million. Meanwhile, trusty XRP and the hopeful newcomer Sui joined the throng, charming investors with $32.5 million and $14 million inflows, respectively. The modest trio of Chainlink, Cardano, and Cronos shuffled in with $1.5 million, $1 million, and a humble $0.3 million, probably arguing over the last slice of the crypto pizza.
On the slightly gloomy side, multi-asset products sneaked out with a discreet $1.1 million exit, as if trying to avoid the festive crowd. Aave and Avalanche, never wanting to be left behind in melancholy, scurried off with their own minor outflows of $1.08 million and $0.66 million, perhaps to drown their sorrows in digital vodka.
The US: Crypto’s Overachiever
Globally, investor sentiment resembled a Shakespearean comedy, mostly optimistic with a handful of tragicomedies. The United States, wearing a star-spangled cape, heroically heroed by scooping in $3.2 billion in inflows. Germany tagged along with $160 million-almost enough to buy a small German village-and boasted its second-largest intake on record. Canada, Brazil, Hong Kong, and Australia added modest donations of $14.1 million, $5.4 million, $5.4 million again (because why not?), and $2.4 million, respectively, like polite guests at a high-society tea party.
Alas, not everyone was in the mood for celebration. Switzerland, ever the curmudgeon, packed its bags with outflows exceeding $92 million, spreading a hint of sobering reality, while Sweden took a more modest exit with $5.6 million. Scandinavians-they do love their dark, brooding moments.
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2025-09-16 07:00