Crypto Funds See $3.3 Billion Comeback, Bitcoin And Ethereum Lead Rebound

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Ah, the world of digital assets, where fortunes are made and lost with the same enthusiasm as a summer breeze. Last week, the stars aligned for these digital wonders, with $3.3 billion flooding into investment products, according to the ever-watchful CoinShares. That’s right, folks, a tidal wave of cash pushing assets under management (AuM) to a cool $239 billion, only a mere $5 billion short of the all-time high set in August. What a comeback! I can almost hear the digital coins rejoicing.

Bitcoin And Ethereum: The Usual Suspects Lead The Charge

As expected, the usual suspects-Bitcoin and Ethereum-took the lead, showing us once again why they are the top dogs of the crypto world. Bitcoin had a particularly stellar week, attracting a hefty $2.4 billion, its biggest weekly inflow since July. It seems like the sentiment surrounding Bitcoin is as bullish as a charging bull in a china shop. Short-Bitcoin products, on the other hand, weren’t as lucky, with modest outflows pushing their AuM to a humble $86 million. Better luck next time!

Ethereum, after a somewhat depressing eight days of outflows, decided it was time for a comeback. It saw a respectable $646 million in inflows, bouncing back like a champ. Who knew that a bit of positive investor sentiment could work wonders? Last week’s $912 million in outflows? Well, that’s now just a distant memory.

And while Bitcoin and Ethereum were hogging the spotlight, other assets also enjoyed a bit of the limelight. Solana products had their largest-ever single-day inflow of $145 million on Friday, finishing the week with $198 million in inflows. It’s like the little engine that could-go, Solana! XRP-based products added a modest $32.49 million, while SUI, Cardano, and Chainlink products chipped in with $13.96 million, $1.04 million, and $1.54 million, respectively. A nice little recovery for altcoins, wouldn’t you say?

The United States: Where the Money Flows Like Wine

Now, let’s talk geography. Who’s been raking in the crypto cash? Well, it’s no surprise that the US dominates the scene with a staggering $3.2 billion in inflows. A lot of this was funneled into Spot Bitcoin and Spot Ethereum ETFs, which attracted a combined $2.98 billion. Talk about a heavy lift. Meanwhile, Germany chipped in with $160 million, just behind the US, and Switzerland had a little less to celebrate with $92 million in outflows. Better luck next time, Switzerland!

Now, let’s give a round of applause to the providers. iShares ETFs in the US led the charge, with a whopping $1.1 billion in new funds. Fidelity’s Wise Origin Bitcoin Fund wasn’t far behind, adding $850 million to the pile. Bitwise and ARK 21Shares ETFs combined for $360 million. Grayscale, still on the slow train of outflows, managed to bring in a modest $147 million, but it’s still a long way from catching up.

The overall recovery has pushed AuM for digital asset investment products to $239 billion, just shy of the record set in August. Who knows? Another week of inflows, and we might just hit a new all-time high. Get your popcorn ready!

Bitcoin remains the heavyweight champion of AuM with a staggering $182 billion, taking up 76.15% of the market share. Ethereum, not too shabby, is sitting pretty with $40 billion. Solana, although trailing behind, has been showing impressive growth this year with $4.1 billion. It may not be at the top, but it’s definitely making its presence felt.

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2025-09-16 22:15