What to know:
- Digital asset funds are basking in the glow of a whopping $3.7 billion in inflows—yes, that’s the second-largest figure on record. Thank you, CoinShares, for this sparkling weekly roundup! 🎉
- This marks the 13th consecutive week of gains for crypto investment products. It’s almost like they’re throwing a never-ending party where the balloons are made of Bitcoin, taking the total asset under management past $200 billion for the first time. 🎈💸
- Bitcoin products are the stars of the show, charming in $2.7 billion of those inflows, pushing total assets under management to a shiny $179.5 billion. A true Cinderella story! ✨
According to CoinShares, digital asset funds are like that friend who never brings a snack to the party but always knows when to arrive, scooping up a staggering $3.7 billion last week. Their only competition? A week last December when they outdid themselves by topping $4 billion—sorry, that party was just a bit wilder! 🍾
The crypto gains keep rolling in for the 13th consecutive week, and suddenly, we’re looking at asset management levels that are officially in the “larger than imaginary” category—$211 billion, to be precise. Who knew a bunch of pixels and code could be so valuable? 🤔
The U.S. has officially claimed the lead in this cash race, with nearly $3.74 billion in inflows. Meanwhile, Germany and Sweden seem to be having a bit of a down week, with outflows of $85.7 million and $15.7 million respectively. Maybe they forgot the party invite? 🙄
As for Bitcoin, it’s taken to the stage like a rockstar at Coachella, raking in $2.7 billion of those inflows and matching 54% of the assets held in gold exchange-traded products (ETPs). Time to ask yourself—who’s REALLY the golden child here? 🏆
Last week was the official kick-off to the crypto bull market, with Bitcoin soaring nearly 10% to an all-time high of around $118,000. And guess what? The momentum hasn’t slowed down. BTC has ascended while you weren’t looking, climbing as high as $122,873.45. It seems like even the Moon is jealous! 🌕
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2025-07-14 15:13