Well, it looks like the crypto party is still going strong, despite the world being a bit of a mess 🌎. According to CoinShares, institutional digital asset investment vehicles have raked in over $13 billion in the last nine weeks. Not bad for a bunch of made-up money, eh? 🤑
Their latest report shows that last week’s inflows were up, because who needs stability and security when you can have crypto, am I right? 😂
“Geopolitical concerns? What concerns? Digital assets are like the honey badger of investments – they just don’t care.”
Digital asset investment products brought in a whopping $1.9 billion, making it the ninth consecutive week of inflows. That’s a total of $12.9 billion, and a record-breaking $13.2 billion year-to-date. Not too shabby.
The US led the pack with $1.9 billion in inflows, because who doesn’t love a good American dream? 🇺🇸 Germany, Switzerland, and Canada followed with $39.2 million, $20.7 million, and $12.1 million, respectively. Better luck next time, everyone else.
“Hong Kong and Brazil, on the other hand, were like, ‘Peace out, crypto!’ with outflows of $56.8 million and $8.5 million, respectively.”
Bitcoin is back on top, because of course it is, with $1.3 billion in inflows. Ethereum is still going strong with an eight-week inflow streak, totalling $2 billion. And XRP and Sui are like, “Hey, we’re still here!” with $11.8 million and $3.5 million in inflows, respectively.
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2025-06-17 01:06