💸 Market Mayhem: Trump Tariffs & AI Jitters Rattle ETFs 💸

by

So, picture this: the money river that was once a mighty billion-dollar deluge has been reduced to a mere $527 million trickle. And who do we have to thank for this? DeepSeek AI and a certain someone’s tariff tantrums, of course!

In a plot twist that would make M. Night Shyamalan proud, crypto investment products managed to attract $527 million, only to watch it go right back out the door. Compare that to the prior week’s $2 billion cash splash, and you’ve got yourself a sad trombone situation. 🎶

CoinShares’ latest research report reads like a soap opera script, with investor sentiments flapping in the wind like a flag on a windy day. DeepSeek AI burst onto the scene, causing a $530 million exodus. But wait! Don’t lose hope, because the market’s like a phoenix (or a rubber band, depending on your perspective) and snapped back with a cool billion in inflows. James Butterfill, CoinShares’ Head of Research, says it’s no biggie – just the usual ebb and flow of a market that’s seen $44 billion slosh around in 2024.

In the inflows Olympics, the U.S. is still the Michael Phelps of countries, raking in $474 million and bringing their year-to-date total to a cool $5 billion. Europe‘s also in the game, with Switzerland and Germany leading the pack like two over-achieving sheepdogs.

Meanwhile, Canada’s like the kid who didn’t get picked for the team, watching $43 million walk out the door. Blame it on the trade tariffs that came knocking on February 1st. Not exactly a warm welcome, eh?

Bitcoin‘s still the prom queen, bringing in $486 million, while short-Bitcoin products are having a moment with $3.7 million. XRP‘s the surprise guest at the party, showing up with nearly $15 million in its pocket. Ethereum, on the other hand, is the wallflower who didn’t even get a dance. Zero net flows, folks. Ouch.

As for the smaller altcoins, they’re like the underdogs in a feel-good sports movie. Solana’s got $4.6 million, Chainlink’s at $3.1 million, and Cardano‘s adding $1 million to the mix. Not too shabby.

Oh, and one more thing: blockchain equities are also in the game, with $160 million in year-to-date inflows. Investors are like kids in a candy store, snatching up all the sweet deals amidst the price drops.

Read More

2025-02-03 16:03