Highlights
- Digital asset investment products recorded a massive weektly inflow of $3.4 billion.
- Bitcoin and Ethereum led the charge with 3.18 billion and $183 million inflows, respectively.
- BTC surges amid positive market sentiment and increasing whale moves.
The crypto market witnessed a significant influx of capital last week, with Bitcoin and Ethereum leading the charge. Reportedly, digital asset investment products attracted a staggering $3.4 billion in inflows, driven primarily by the recent crypto market resurgence.
Possibly, the recent downturn of the US dollar and potential tariff-related earnings hits are driving investors to digital assets, perceived as a safe haven.
Bitcoin and Ethereum Lead $3.4B Weekly Inflows
According to the weekly report released by CoinShares, digital asset investment products saw a record inflow of $3.4 billion over the past week. This surge marks the largest inflows since mid-December 2024 and the 3rd largest weekly inflows on record.
Notably, Bitcoin investment products led the charge, drawing in $3.18 billion in inflows last week. This aligns with the cryptocurrency’s recent uptrend, marking a sharp reversal from the bearish trend that followed Donald Trump’s tariff announcement. Following Trump’s hint on the tariff delay, top cryptocurrencies, including Bitcoin, took a bullish turn.
Bitcoin Blasts $3.18B, Ethereum Gains $183M
As per CoinShares’ data, Bitcoin remains the biggest gainer, securing a weekly inflow of $3.18 billion. Ethereum follows with a notable influx of $183 million following eight weeks of outflows.
The third top performer was XRP, with a significant weekly inflow of $31.6 million. Sui also saw a gain of $1.6 million.
BTC Surges Amid Positive Market Trends and Whale Activity
Significantly, this positive trend in Bitcoin comes in line with the crypto market’s broader bullish trend triggered by Trump’s tariff easing rumors. In addition, increased whale activity has also sparked optimism within the BTC and ETH markets.
For instance, a whale recently bought $110 million worth of Bitcoin and Ethereum through an over-the-counter (OTC) exchange. This move signals a potential bullish resurgence in the crypto market.
As of now, Bitcoin is trading at $94,469, up 0.46%. Over the past week and month, the coin saw substantial surges of 8% and 13%, respectively. The pioneer crypto has also seen a notable increase in its trading activity, with the volume increasing by 15% to $20.8 billion in 24 hours.
- Senate Banking Committee Releases Updated Draft Crypto Market Structure Bill
- Michael Saylor’s Strategy Fails To Make S&P 500 Listing, MSTR Stock Drops
- Solana Treasury Company SOL Strategies Gets Approval To List On Nasdaq
- Fidelity, Grayscale, VanEck Dump Ethereum Amid ETH Price Crash
- Ethereum Treasury Firm SharpLink Confirms Compliance Amid Nasdaq Oversight
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
- ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?
- Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?
- ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?