$1.2B Floods Into Bitcoin & Ethereum—Geopolitical Storm?
Crypto shrugs off global tensions as institutional money pours in. Who needs safe havens when you've got digital gold?
The Big Picture: Despite missiles flying and treaties crumbling, Bitcoin and Ethereum just absorbed a $1.2B liquidity injection this week. Traders are voting with their wallets—and they're betting on blockchain.
Why It Matters: This isn't retail FOMO. These are whale-sized moves suggesting big players see crypto as the ultimate hedge against geopolitical chaos. (Take that, gold bugs.)
The Kicker: Wall Street still can't decide if crypto's a risk asset or inflation armor. Meanwhile, the market's answering with a $1.2B middle finger to traditional finance wisdom.
Bitcoin leads the market
Bitcoin remained the primary driver of capital, pulling in $1.1 billion over the past week. This marks its second week of positive inflows, even as prices experienced a correction.
CoinShares highlighted that many investors took advantage of the dip to increase their positions, underscoring Bitcoin’s growing appeal as a macroeconomic hedge.
Notably, US-based spot Bitcoin exchange-traded funds (ETFs) played a central role in this flow, attracting $1.02 billion in net inflows. BlackRock’s iShares Bitcoin Trust (IBIT) stood out with $1.23 billion in weekly inflows, bringing the total assets under its management to more than $74 billion.
Meanwhile, short-Bitcoin products saw minor outflows of $1.4 million, suggesting a drop in bearish sentiment.
Ethereum extends run
Ethereum continued its strong performance, extending its inflow streak to nine consecutive weeks.
CoinShares reported that the digital asset saw $124 million in new inflows last week, pushing its total to $2.2 billion since mid-April.
Like Bitcoin, spot ethereum ETFs also played a significant role in the inflow streak, with the nine products logging inflows on 25 of the past 30 trading days, totaling nearly $1.5 billion.
Meanwhile, market observers have linked ETH’s inflow rise to several key factors, including the recent Pectra upgrade and increasing institutional interest in the crypto.
Other altcoins also showed resilience by attracting modest inflows last week.
Solana saw $2.78 million in new capital, while XRP brought in $2.69 million, reflecting continued but cautious appetite for alternative LAYER 1s.
