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.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Crypto CEO Gets 20-Year Prison Sentence For $200M Bitcoin Ponzi Scheme

A federal judge has sentenced Ramil Ventura Palafox, CEO of Praetorian Group International, to 20 years in prison for orchestrating a $200 million cryptocurrency Ponzi...

Bitcoin Whale Dumps $559M, Intensifying Bearish Pressure as Price Drops Toward $60K

Bitcoin's price decline to $60,000 has triggered significant selling by large holders, with one whale depositing $559 million worth of BTC onto Binance over two...

ASTER Surges on Market Rotation, Targets Key $0.76 Resistance

The cryptocurrency ASTER surged 3.10% to $0.7122, accompanied by a significant $644.84 million in trading volume. Technical analysis suggests the token is testing a breakout...

Shiba Inu struggles in 2025: Could SHIB lose another zero and sink to $0.0000009? in 2025.

Shiba Inu (SHIB) struggled through 2025 after a market crash in October, sliding from about $0.000032 in December 2024. The drop occurred across the crypto...

Most Popular

spot_img