Bitcoin Sends Investors on a Wild Ride: $3.7B Flows In Like a Magical Flood

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It appears that the most mysterious of digital coins, Bitcoin, has decided to embark on an adventure to new heights, soaring to an astronomical $118,000. Yes, folks, you read that right. It’s like watching a particularly ambitious balloon float into the stratosphere while we mere mortals stand below, jaws agape and wallets flapping in the wind. 🎈

During the last trading week, cryptocurrency investment products invited in a staggering $3.7 billion of fresh inflows, as reported by the crystal ball of crypto—CoinShares. What a splendid week for those who like their fortunes drawn from the bread-and-butter of blockchains and electronic magic!

With that, the year-to-date (YTD) inflows to crypto exchange-traded products (ETPs) have burst forth like a particularly enthusiastic fountain, now totaling a grandiose $22.7 billion. That’s a solid 20% increase from last week’s modest sum, which, let’s face it, was a mere $19 billion. Can you feel the excitement? Or is it just the whirring of the printer somewhere, churning out new money? 💰

The grand total market value of crypto funds has reached a staggering $211 billion. That’s a lot of zeros, folks — enough to make even a dragon consider changing its hoard criteria!

Bitcoin ETPs Lead the Charge with a Staggering $2.7 Billion

Our hero, Bitcoin (BTC), took the lead last week, attracting $2.7 billion of the aforementioned inflows—accounting for a dominating 73% of total crypto ETP inflows. It’s like a magic show where Bitcoin is the headliner, and the audience is throwing money at it rather than roses.

These fresh inflows reversed a sluggish trend from the previous week, which saw a less-than-stirring $790 million trickle in. It seems like the market enjoys playing hide and seek with the dollars!

James Butterfill, the head honcho of research at CoinShares (an impressive title indeed), suggested that investors were shifting from their agreeably reckless spending habits to cautiously wringing their hands over impending peaks. But, contrary to cautiousness, the inflows had a sudden bout of enthusiasm—yesterday’s daily total for Bitcoin ETPs surged past $1 billion after BTC decided to hit new all-time highs on Wednesday. If only our bank accounts could behave with such volatile enthusiasm! 🏦

All this financial frolicking has pushed Bitcoin ETPs’ total assets under management (AUM) to an eye-popping $179.5 billion. Butterfill further elaborated that this amount now accounts for 54% of the gold ETPs. Yes, that’s right—Bitcoin is now mingling with the glitter of gold!

Ether ETPs Join the Party with 12 Weeks of Joyful Inflows

Ether (ETH) ETPs, the trusty sidekick of Bitcoin, managed to catch the wave too, claiming a glorious $990 million in inflows over the past week, marking their twelfth consecutive week of delightful monetary arrivals. This brings Ether’s grand total to a record-breaking performance for the ages, all for a coin that sometimes feels like it’s just the younger sibling tagging along to bigger adventures.

“In relative terms, Ethereum’s inflows over the past 12 weeks account for 19.5% of its AUM, compared to Minecraft… I mean Bitcoin’s 9.8%. Very impressive for a younger sibling, indeed.” commented Butterfill. 😂

In yet another twist of fate, XRP (XRP) ETPs faced a less-than-favorable outcome with $104 million exiting their doorstep like uninvited guests, while Solana decided to throw a righteous party with strong inflows totaling $92.6 million.

Inflows Dance Across All US Issuers

The great crypto inflow parade has swept across all US-based issuers, with BlackRock’s iShares crypto funds leading the joyful procession, claiming a festive $2.4 billion. Not to be outdone, Fidelity Investments and ARK Invest joined in with $400 million and $339 million, respectively. It’s like a game of musical chairs, but with giant bags of money instead of chairs! 🎶

But not all was rosy, as CoinShares faced a few minor hiccups with outflows totaling $16 million for the week. Honestly, someone should have told them not to serve the gluten-free pizza at the party.

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2025-07-14 12:57