Austen’s Take on Digital Wealth: $3.7B Pour into Crypto, Second-Highest Ever!

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It is a truth universally acknowledged, that a single man in possession of a good fortune must be in want of a wife. However, in the digital age, it seems that a single man in possession of a good fortune is more likely to be in want of a digital asset, as digital asset investment products recorded net inflows of $3.7 billion last week, the second-largest weekly inflow ever, according to CoinShares, the first company to offer cryptocurrency ETPs. 🤑

As per a CoinShares report, the total assets under management (AuM) across crypto investment vehicles rose to a record high of $211 billion, driven largely by Bitcoin and Ethereum. Bitcoin, with its charming volatility, saw a 2.9% fluctuation, a market cap of $2.41 trillion, and a 24-hour volume of $39.72 billion. Ethereum, not to be outdone, boasted a 3.0% volatility, a market cap of $368.20 billion, and a 24-hour volume of $24.83 billion. 🚀

Massive Influx of Capital in Crypto

Bitcoin accounted for $2.7 billion of the inflows, while Ethereum saw its fourth-largest week on record with $990 million. Ethereum has now posted 12 consecutive weeks of inflows, which collectively represent 19.5% of its total AuM, double Bitcoin’s 9.8% in relative terms. It seems the digital world is not without its own form of courtship and favor. 💍

Also, Bitcoin’s total AuM hit $179.5 billion, now equivalent to 54% of that held in gold-backed exchange-traded products (ETPs). One must wonder, in a world where digital assets are so highly esteemed, what would become of the traditional gold? 🤔

Digital asset investment products recorded net inflows of $3.7 billion last week, the second highest in history, driving total AuM to a new high of US$211bn. Bitcoin saw US$2.7bn in inflows, while Ethereum posted its fourth-largest weekly inflow at US$990m.…

— Wu Blockchain (@WuBlockchain) July 14, 2025

While Bitcoin and Ethereum led the gains, XRP saw the largest weekly outflows at $104 million, suggesting profit-taking or rotation out of the token. Solana, by contrast, recorded strong inflows of $92.6 million. It appears that even in the digital realm, there are those who are more popular than others. 🌟

US Leads Inflows as Bitcoin Breaks $120K

Regionally, the US led the inflow tally with the full $3.7 billion. On the other hand, Germany posted outflows of $85.7 million, while Switzerland and Canada logged inflows of $65.8 million and $17.1 million, respectively. It seems that the digital world, much like the social circles of the 19th century, has its own centers of influence and its own peripheries. 🗺️

CoinShares reported that daily flows also hit historic levels as well. July 10 saw the third-highest single-day inflow ever recorded for digital asset investment products, part of a broader 13-week streak of net positive flows. So far in 2025, YTD inflows stand at $22.7 billion. The cryptocurrency world, it seems, is not without its own seasons and cycles. 🌾

It is important to note that ETP volumes surged to $29 billion last week, twice the weekly average, as Bitcoin hit a new all-time high of $123,091.61. The cryptocurrency now holds the title of the world’s fifth-largest asset by market capitalization, having overtaken Amazon, Silver, and Alphabet with a total market cap exceeding $2.4 trillion. One can only imagine the conversations at the next digital ball. 🎉

Bitcoin’s all-time high was not an accident. According to BorisVest, low spot volumes on Binance signaled a buildup of buying pressure. A sudden surge in volume accompanied Bitcoin’s breakout above the $110K resistance level. It seems that in the world of digital assets, as in the world of romance, timing is everything. ⏳

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2025-07-14 15:56