It appears that the very august institutions, in their infinite wisdom and perhaps mistaken confidence, have allocated nearly a grand total of seven billion dollars over just seven weeks ā a sum that would make even Midas blush. According to the venerable CoinShares, these financial sages have been quite busy indeed.
In its latest Weekly Report on Digital Asset Fund Flowsāa document rivaling the most exciting novels of our timeāCoinShares reveals that last weekās inflows, while still impressive, have taken a modest step back from their previous exuberance.
“Digital asset investment products saw inflows of US$286 million last week, bringing this 7-week run of inflows to US$10.9 billion.”
Alas, despite this seemingly encouraging tide, the total assets under management declined from a lofty US$187 billion to a somewhat less lofty US$177 billion by the weekend, thanks to the volatile weather of the market, choked with uncertainty over US tariffs. Surely, one must wonder if the markets are more capricious than even Mrs. Bennet trying to secure a wealthy match.”
Regionally, the United States claimed the lionās share with inflows amounting to 199 million dollars. Hong Kong, Germany, and Australia followed with 54.8 million, 42.9 million, and 21.5 million respectively, each vying to be the darling of the digital investment scene.
“Switzerland, being ever so modest or perhaps overly cautious, saw a net outflow of US$32.8 millionāremarkably, it has been in this state of reluctance for the entire year.”
Most notably, Ethereum (ETH), the darling of patrons and speculators alike, has been enjoying a six-week streak of inflowsācollecting an astonishing total of US$1.19 billion, with last weekās contribution alone reaching 321 million. Truly, the fervor surrounding this cryptocurrency rivals the most scandalous romances of our dear England.
Meanwhile, XRP, not satisfied with mere inflows, experienced its second consecutive week of outflows, shedding 28.2 million dollars. How the mighty have fallen. Even Bitcoin (BTC), dull and unromantic as it often is, saw its products flowing outāan event most curious indeed, given the overall marketās inflows. Perhaps some treasures are destined to be lost amidst the tumult.”
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2025-06-03 01:01