In a week that could only be described as a whirlwind of digital fervor, the realm of digital asset investment products has witnessed a staggering inflow of $1.3 billion. This marks not just a moment, but a veritable epoch—five consecutive weeks of growth, as if the market itself has decided to rise from the ashes of uncertainty. According to the oracle of CoinShares, this brings the total Year-to-Date (YTD) net inflows to a princely sum of $7.3 billion. Who knew that the digital gold rush would be so… lucrative? 💰
Despite the ominous clouds of fluctuating inflows from exchange-traded products (ETPs), stirred by the higher tariff scare that loomed earlier this month, the market has shown a resilience akin to that of a cockroach in a nuclear fallout. Global investors, it seems, have donned their armor of confidence, marching forward undeterred.
The Global Embrace of Digital Assets
Ethereum, that enigmatic digital entity, has emerged as the belle of the ball, outshining Bitcoin for the first time in 2025. With a price tag of $2,654, it has become the darling of investors, who have seized the opportunity presented by price dips this year. The numbers speak volumes:
Ethereum
ETH
$2,654
24h volatility:
0.2%
Market cap:
$319.46 B
Vol. 24h:
$21.96 B
Meanwhile, Bitcoin
BTC
$97,165
24h volatility:
0.6%
Market cap:
$1.92 T
Vol. 24h:
$38.91 B
In this grand theater of finance, the fifth week has seen digital asset products bask in the glow of an impressive $1.3 billion inflow. While the Assets under Management (AUM) in ETPs have dwindled from $181 billion to $163 billion, the weekly trading volumes have remained steadfast at $20 billion. It appears that investors are not merely spectators but active participants in this chaotic ballet, even as prices pirouette wildly.
📈 Recent price fall leads to significant buying on weakness with inflows of US$1.3bn
Digital asset investment products saw inflows for the 5th consecutive week totalling US$1.3bn. @Bitcoin’s #BTC saw inflows of US$407m, with ETPs globally now representing 7.1% of the current…
— CoinShares (@CoinSharesCo) February 10, 2025
The most substantial inflows have been orchestrated by the titans of finance—BlackRock Inc, Bitwise, Fidelity, and Grayscale—who collectively added a staggering $1 billion to the pot. This trend is not confined to the United States; Germany, Switzerland, and Canada have also joined the fray, contributing $61 million, $54 million, and $37 million, respectively. It seems the world has collectively decided that digital assets are the new black.
As if that weren’t enough, a total of $194 million has flowed into blockchain stocks this year, with $33 million arriving just this past week. Clearly, the allure of the technology underpinning these digital currencies is irresistible to the masses.
Ethereum’s Ascendancy Over Bitcoin
In a stunning turn of events, Ethereum has raked in $793 million in investments, decisively eclipsing Bitcoin for the first time this year. Even as its price dipped to around $2,100, investors viewed this as a golden opportunity to buy, pushing inflows to dizzying heights. Who knew that a little price drop could spark such enthusiasm? 😏
Many are convinced that Ethereum’s smart contracts and the much-anticipated Pectra upgrades will elevate its value to stratospheric levels. Yet, amidst this excitement, market data reveals a significant short squeeze—a delightful irony, indeed.
Wall Street, ever the puppeteer, is preparing for the much-anticipated altseason, as investors eagerly await the next act in this grand performance.
According to CoinShares, Bitcoin has not been left in the dust, recording $407 million in
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2025-02-10 18:43