HomeNewsBitcoin draws $1.55bn as $2.17bn crypto inflows reverse after Greenland tensions, tariffs.

Bitcoin draws $1.55bn as $2.17bn crypto inflows reverse after Greenland tensions, tariffs.

-

According to CoinShares’ report, digital asset investment products drew about $2.2 billion in inflows last week, led by Bitcoin. Momentum flipped on Friday after roughly $378 million of outflows amid diplomatic tensions over Greenland, renewed tariff threats, and reports that Kevin Hassett would remain in his current role (Ed. note: Most inflows came earlier in the week).

Bitcoin led with about $1.6 billion, while Ethereum drew roughly $500 million and XRP about $70 million. Altcoins added smaller sums, including XRP products ($46 million), Sui ($5.7 million), Lido ($3.7 million), Hedera ($2.6 million), Litecoin ($2.3 million), and Chainlink ($1.2 million); multi-asset funds lost about $12.5 million.

The United States led inflows with roughly $2.1 billion, followed by Germany ($64 million) and Switzerland ($42 million). Canada added about $12 million and the Netherlands $6 million, while Sweden saw over $4 million exit and Brazil lost about $1 million.

Market participants said the flow reversal signaled broader risk-off behavior across digital assets. Petr Kozyakov, co-founder and CEO of Mercury, warned “The pullback in digital assets suggests that optimism was on thin ice, underscored by multi-million-dollar liquidations across derivatives markets.”

LATEST POSTS

Scotiabank Launches Active Crypto ETF, Becoming First Major Canadian Bank in Sector

Canada's Scotia Bank has launched an active, multi-cryptocurrency ETF through its asset management arm, Dynamic Fund. The move marks a significant shift as it is...

Scammers Impersonate RCMP in New Crypto Recovery Fraud Targeting Victims

Canadian police warn of a sophisticated "recovery scam" targeting previous cryptocurrency fraud victims. A Nanaimo resident lost $5,000 in late 2025 to a fake crypto...

XRP Price Gains 4% Amid Altcoin Surge; Clarity Bill Seen as Catalyst

XRP price rose 4% to $1.46 amid broader altcoin gains. Market analysts note social discussion around an "altseason" has hit extreme lows, a historical indicator...

ZeroHash Seeks National Trust Charter From U.S. Treasury’s OCC For Crypto Services

Stablecoin infrastructure firm ZeroHash has applied for a national trust bank charter with the U.S. Office of the Comptroller of the Currency. The company seeks...

Most Popular

spot_img