Oh, the tedium of it all – another week, another billion dollars flooding into the great crypto sea 🌟. CoinShares, those intrepid chroniclers of the digital asset class, report a 12th consecutive week of inflows, a veritable tsunami of $1.04 billion, bringing the cumulative total to a giddy $18 billion.
One might suppose that the institutional and retail investors, those great gamblers of the modern age, would be chastened by the volatile macroeconomic conditions and the looming specter of price resistance levels for the likes of Bitcoin and Ethereum. But no, they press on, undaunted by the prospect of financial calamity 😱.
The Usual Suspects: Bitcoin and Ethereum
Bitcoin, that grande dame of the crypto world, saw inflows of $790 million, a sum that, while not insignificant, marks a decline from the previous three weeks’ average of $1.5 billion. One wonders if the investors are growing cautious, their ardor cooling as the asset nears its all-time high 🤔.
Ethereum, on the other hand, that plucky young upstart, recorded its 11th straight week of inflows, a total of $226 million. Over the 11-week period, Ethereum has attracted a tidy $2.85 billion, a sum that would make even the most seasoned financier sit up and take notice 💸.
But what’s this? When measured proportionally, inflows into Ethereum products averaged 1.6% of assets under management per week, double the 0.8% average seen for Bitcoin. A shift in preference, perhaps? A sign that Ethereum is the new belle of the crypto ball? 🤷♀️
A Tale of Two Continents: Regional Divergences
The United States, that bastion of capitalist fervor, dominated inflows with $1 billion, a sum that speaks to the sustained institutional interest in the crypto market. One wonders if the regulated spot ETFs and broader macro exposure strategies are the driving force behind this trend 🤔.
Europe, that venerable old continent, also contributed to the positive flow, with Germany and Switzerland accounting for $38.5 million and $33.7 million, respectively. But alas, not all regions were so fortunate. Canada and Brazil saw negative sentiment, with outflows of $29.3 million and $9.7 million, respectively 😔.
And so, we await the next installment of CoinShares’ weekly report, that trusty pulse check on institutional participation in crypto markets. Will Ethereum continue to outpace Bitcoin? Only time will tell 🕰️.
Featured image created with DALL-E, Chart from TradingView
Read More
- Jurassic World Rebirth Roars to Record-Breaking $300+ Million Opening: Can It Sustain the Hype?
- Top 8 UFC 5 Perks Every Fighter Should Use
- One Piece Episode 1135: Kuma’s Journey and Bonney’s Search for Truth – Release Date Revealed!
- Cyberpunk 2077 Patch Tier List
- USD ZAR PREDICTION
- Daemons of the Shadow Realm
- All Suits, Hats, and Masks in Death Stranding 2
- How to Get All 22 Bromides in Lunar 2: Eternal Blue
- Red Samurai’s True Identity in Death Stranding 2 Revealed by Kojima’s cryptic post
- Grow a Garden – Complete Pre-Historic Event Update Guide
2025-07-08 10:43