Investment in digital asset products saw total inflows of $527 million last week. However, intraweek flows revealed fluctuating investor sentiment, largely driven by broader market concerns, including the DeepSeek news, which led to $530 million in outflows on Monday. Despite this initial decline, the market recovered with over $1 billion in inflows later in the week. With $44 billion in inflows recorded in 2024, $5.3 billion in year-to-date (YTD) inflows, and significant price increases, CoinShares revealed that the current sell-off is not surprising. XRP Becomes Top-Performing Altcoin According to CoinShares’ Digital Asset Fund Flows Weekly Report , BTC experienced inflows of $486 million last week, while short-Bitcoin investments saw a second consecutive week of inflows, totaling $3.7 million. Ethereum, on the other hand, ended the week with net-zero flows but faced challenges earlier, likely due to its higher exposure to the technology sector and concerns over global economic growth. XRP has emerged as the second-best performer, with year-to-date inflows reaching $105 million, including $15 million last week. Overall, altcoins recorded positive inflows, with Solana attracting $4.5 million, followed by Chainlink with $3.1 million and Cardano with $1 million. However, Litecoin experienced a slight outflow of $0.2 million. Meanwhile, multi-asset investment products saw nearly $9 million in inflows over the past week, reflecting continued investor interest in diversified digital asset portfolios. Additionally, blockchain equities have attracted $160 million in year-to-date inflows as investors view the recent price downturn as a chance to buy. Canada Faces Setback In terms of regional inflows, the US led with a full week of investments totaling $474 million, contributing to a year-to-date inflow of $5 billion. A similar trend was observed in Europe, where digital asset products attracted $78 million last week, which catapulted the total YTD inflows to $93 million. Among European nations, Switzerland saw the highest inflows at nearly $58 million, followed by Germany with $22.3 million. Sweden, on the other hand, experienced outflows of $3.6 million. Other regions also reported positive inflows. For instance, Brazil recorded $15.8 million in inflows, while Hong Kong added $2.3 million during the same period. Australia recorded a modest inflow of $0.1 million. However, Canada faced significant outflows of $43 million, possibly due to concerns over potential US trade tariffs . The post DeepSeek News Triggered $530M in Outflows Before Rapid Rebound: CoinShares appeared first on CryptoPotato .
Crypto Potato
You can visit the page to read the article.
Source: Crypto Potato
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin Shows Strong Recovery: Possible Support Above $90,000 Amid Altcoin Resurgence
Bitcoin and selected altcoins have demonstrated a rebound in purchasing demand, reflecting investor confidence amid market volatility. After experiencing significant pullbacks, Bitcoin’s price surged back to $99,700, signaling robust support Crypto Potato
DOGE ETF Could Open the Floodgates—Will XYZVerse (XYZ) Be the Next Meme Coin to Hit Wall Street?
The approval of a DOGE ETF could signal a breakthrough for meme coins in mainstream finance. As doors open for Dogecoin, questions arise about which coin might be next. Could XYZVerse (XYZ) be poised to make a similar leap onto Wall Street? This article explores the potential of XYZ in the evolving landscape of digital currencies. Trump’s Inauguration Sparks Crypto Chaos: $XYZ Meme Coin Ready to Deliver a 99,900% Knockout Donald Trump’s inauguration has triggered a seismic shift in the crypto market, setting the stage for a bull run like no other . As the dust settles, major coins limp forward with uninspiring double-digit gains, while meme coins are stealing the show . PNUT’s recent 4,500% surge? FRED’s 6,000% explosion? Ancient history, buried in the ashes of short-lived hype. These coins buckled under selling pressure, leaving FOMO-ridden investors licking their wounds. But the crypto battlefield doesn’t wait for the weak — a new titan has emerged with plans to obliterate profit records and deliver an earth-shaking 99,900% surge . Take the XYZ Side – The Undisputed Champion of Meme Coins $XYZ Breaks into the Ring to Knockout Meme Coin Legends Meet $XYZ – the first-ever all-sports memecoins for true crypto degens hungry for 1000X profits . This is the token for those who thrive on the thrill of competition . As Trump takes the reins, the crypto market is set to erupt so the competition is getting fierce . Only the strongest tokens can survive in this no-mercy arena. Here comes the dawn of a crypto era for those with balls of steel — the guys like Joe Rogan and Dana White — who’d proudly rally behind Trump’s team. With such true men of business on board, there is no place for old pussy meme coins, it’s time for real brutal coins . Fueled by the sports mentality , the $XYZ token has emerged as the ultimate contender ready to crush competitors and rocket to the moon on Elon Musk’s mission. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto. $XYZ Already Delivers Even Before Hitting the Market The $XYZ presale is underway, providing access to the token at a special pre-listing price. Launch Price : $0.0001 Price Now : $0.002 In just a couple of months, $XYZ already soared over 2000%! Next Stage : $0.0025 (+25% jump incoming) Final Knockout Target : $0.1 From launch to the token generation event, $XYZ is targeting a mind-blowing 99,900% surge! If you’re not in, you’re out. The $XYZ presale is already smashing through stages with the speed of a champion’s knockout blow. Join $XYZ Presale Now and See Your Pennies Grow Into Millions! Dogecoin: From Internet Joke to Crypto Superstar Dogecoin started as a joke in 2013, created by Billy Marcus and Jackson Palmer. They wanted a fun alternative to serious cryptocurrencies like Bitcoin. Using a Shiba Inu dog as its logo, Dogecoin caught people’s attention online. Unlike Bitcoin’s limited supply, Dogecoin has no maximum limit, with 10,000 new coins mined every minute. Initially seen as a “memecoin,” its value soared in 2021. Social media buzz, especially from Elon Musk’s tweets, pushed Dogecoin into the top ten cryptocurrencies, reaching a market value of over $50 billion. This rise showed the power of community and how social media can impact financial markets. Today, Dogecoin’s future seems full of potential. Its technology allows for fast and cheap transactions, making it practical for everyday use. The unlimited supply means there’s plenty to go around, which could help with wider adoption. Compared to other coins like Bitcoin and Ethereum, Dogecoin is more accessible due to its lower price. In the current market, many investors are looking for affordable cryptocurrencies with strong communities. Dogecoin fits this trend and stands out as a unique option. While it began as a joke, its growing acceptance suggests it might be more than just a passing fad. Conclusion Though DOGE remains popular, XYZVerse (XYZ) could become a significant player by uniting sports fans and meme culture in the current bull market. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Crypto Potato