Last Week Crypto Hit Record Inflows at $5.95B: CoinShares

Core Insights - Digital asset investment products experienced unprecedented demand, with CoinShares reporting record inflows of $5.95 billion, the largest weekly total ever recorded [1] - The inflows were attributed to weak US employment data, a recent Federal Reserve rate cut, and concerns over US government stability amid shutdown fears [1] Investment Trends - The United States led the investment surge, attracting $5 billion, a new all-time high, followed by Switzerland with $563 million and Germany with $312 million, marking its second-largest week ever [2] - Bitcoin was the primary beneficiary, receiving $3.55 billion in inflows, its largest weekly gain, while Ethereum followed with $1.48 billion, pushing its year-to-date total to $13.7 billion, nearly triple last year's figure [2][3] - Solana also set records with $706.5 million in weekly inflows, bringing its year-to-date total to $2.58 billion, while XRP attracted $219.4 million, both achieving new milestones [3] Market Dynamics - Other altcoins saw minimal participation, indicating that the rally is concentrated among top assets, which lifted total assets under management (AuM) for crypto investment products to an all-time high of $254 billion [4] - From September 29 to October 3, Bitcoin and Ethereum spot ETFs reflected the bullish sentiment with significant inflows [5] - Bitcoin spot ETFs recorded a $3.24 billion net weekly inflow, the second-highest in history, while Ethereum ETFs added $1.3 billion, with all nine US-listed products seeing positive contributions [6] Price Movements - Bitcoin's price surged past $125,000, marking a new all-time high amid the inflow wave and ETF enthusiasm [7] - Market Buy Volume recently surpassed $25 billion, a metric that historically precedes trend inflection points, suggesting potential buying or selling opportunities depending on market trends [7]