
{"id":65994,"date":"2025-05-13T13:00:39","date_gmt":"2025-05-13T13:00:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65994"},"modified":"2025-05-13T13:00:39","modified_gmt":"2025-05-13T13:00:39","slug":"bitcoin-reclaims-center-stage-with-880-million-in-inflows","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65994","title":{"rendered":"Bitcoin Reclaims Center Stage With $880 Million In Inflows"},"content":{"rendered":"<p>Last week saw another batch of new money flowing into crypto funds. As reported by CoinShares, investment products attracted over $880 million over the course of seven days. That brings year-to-date inflows to $6.7 billion. Prices have been trending upward, with <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> temporarily reaching $105,000 and <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a> being traded above $2,600. Investors are appearing to be stepping in while the opportunity is still hot.<\/p>\n<h2>Weekly Inflows Indicate Continued Demand<\/h2>\n<p>According to the <a href=\"https:\/\/blog.coinshares.com\/volume-233-digital-asset-fund-flows-weekly-report-f38946027bd6\" target=\"_blank\" rel=\"noopener\">latest data<\/a>, $882 million poured into crypto products last week. That is the fourth consecutive week of inflows. It might not rattle the broader markets, but it indicates money continues to flow in.<\/p>\n<p>Managers have gathered $6.7 billion in net new cash so far this year. In plain language, that\u2019s a steady stream of new capital flowing towards these funds.<\/p>\n\n<h2>Bitcoin Dominates The Inflows<\/h2>\n<p>Bitcoin funds saw $867 million of those inflows. A big chunk of that went into US-listed ETFs. Since January 2024, those <a href=\"https:\/\/www.cftc.gov\/LearnAndProtect\/AdvisoriesAndArticles\/BitcoinFuturesETF.html\" target=\"_blank\" rel=\"noopener\">Bitcoin ETFs<\/a> have gathered nearly $63 billion. They just passed their all-time high of $61.6 billion set back in February. In contrast, Ethereum products only took in $1.5 million last week. That gap shows where most investors still feel safest.<\/p>\n<p>Sui And Other Altcoins Catch Some Attention<\/p>\n<p>Some of the smaller coins were in the limelight. Sui attracted $11.7 million in just one week, surpassing Solana and Ethereum during that span. Its year-to-date figure so far stands at $84 million, narrowly over Solana\u2019s $76 million.<\/p>\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\">XRP<\/a>, for its part, posted $1.4 million of weekly inflows, taking its YTD at $258 million. XRP\u2019s assets under management are currently at $1.35 billion.<\/p>\n<p>Other altcoins showed only small moves, which tells us money is picking spots rather than spreading out.<\/p>\n\n<p>Regional Flows Favor The US<\/p>\n<p>The United States dominated all regions with $840 million of last week\u2019s total. Germany accounted for a little over $44 million and Australia $10 million. Conversely, Sweden experienced the largest <a href=\"https:\/\/blog.coinshares.com\/volume-233-digital-asset-fund-flows-weekly-report-f38946027bd6\" target=\"_blank\" rel=\"noopener\">outflows<\/a> at $12 million.<\/p>\n<p>Hong Kong lost $8 million and Canada $4.3 million. Those numbers highlight just how much the US market\u2014led by heavy hitters such as BlackRock\u2014is still in charge.<\/p>\n<p>BlackRock\u2019s iShares Bitcoin ETF was the best performer, bringing in over $1 billion last week. That was partially offset by $257 million in outflows from providers like Grayscale and Bitwise. Overall, it appears that one provider\u2019s large gain can be equaled by several others\u2019 losses.<\/p>\n<p>Behind the flows are broader trends in money and policy. <a href=\"https:\/\/bitcoincounterflow.com\/charts\/m2-global\/\" target=\"_blank\" rel=\"noopener\">Global M2 money supply<\/a> continues to expand, adding more cash to the system. Meanwhile, concerns about slow US growth and high inflation are pushing some investors into crypto as a hedge, or alternative store of value.<\/p>\n<p><em>Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Last week saw another batch of new money flowing into crypto funds. As reported by CoinShares, investment products attracted over $880 million over the course of seven days. That brings year-to-date inflows to $6.7 billion. Prices have been trending upward, with Bitcoin temporarily reaching $105,000 and Ethereum being traded above $2,600. Investors are appearing to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":65995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65994"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65994"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65995"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}