Investors Cautiously Tiptoe Through the Digital Asset Jungle! 🦙💸

In a stunning twist of fate that could only be rivaled by a Vogon poetry reading, digital asset investment products have managed to attract a whopping $224 million in inflows last week. This brings the grand total for the last seven weeks to a staggering $11 billion. Yes, you read that right—$11 billion! That’s enough to buy a small planet or at least a very large towel.

However, in a plot twist that would make even the most seasoned intergalactic traveler raise an eyebrow, the pace of investments seems to be slowing down. Investors are now tiptoeing around like they’re in a particularly tense game of Twister, waiting for the US Federal Reserve to drop some much-needed clarity on inflation and monetary policy. Spoiler alert: it’s not coming anytime soon.

According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report (which sounds like a title for a particularly dull sci-fi novel), Bitcoin has recorded $56.5 million in outflows for the second week running. This reflects a level of investor caution that could rival a cat contemplating a jump onto a windowsill. Short-Bitcoin products are also feeling the pinch, with $4.1 million in outflows, marking their second consecutive week of declining interest. It’s almost as if investors are saying, “Thanks, but no thanks!”

On a brighter note, Ethereum is strutting its stuff like a peacock at a cosmic fashion show, leading digital asset investments this week with $296.4 million in inflows. This marks its seventh consecutive positive week, totaling $1.5 billion—equivalent to 10.5% of total assets under management. Clearly, Ethereum is the popular kid in the digital asset playground.

This is the strongest streak of inflows since the US election in November, which has sparked a glimmer of optimism among investors. Meanwhile, multi-asset investment products are experiencing a bit of a midlife crisis, recording $6.6 million in outflows for the third week in a row. Talk about commitment issues!

As for altcoins, they’ve mostly remained flat, like a pancake on a Sunday morning, with the exceptions of Sui and Chainlink, which managed to scrape together modest inflows of $1.1 million and $0.2 million, respectively. Meanwhile, XRP is facing outflows of $4 million, while Solana and Cardano are also feeling the heat with $2.1 million and $0.4 million in outflows. It’s a veritable rollercoaster of emotions!

In the grand scheme of things, the United States topped the weekly inflows with $175 million, while Germany followed with a respectable $47.8 million. Switzerland, Canada, and Australia chipped in with $15.7 million, $9.8 million, and $6.5 million, respectively. Meanwhile, Brazil recorded $9.2 million in outflows, and Hong Kong saw $14.6 million withdrawn, ending its recent inflow surge. Sweden also reported weekly outflows totaling $7.7 million, proving that even the most serene of countries can have a bad week.

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2025-06-10 02:48