$6 Billion Floods Crypto in One Week – Institutions Going All-In on Bitcoin, ETH, SOL

Group 1: Digital Asset Investment Trends - Digital asset investment products saw record inflows of $5.95 billion last week, the highest weekly total ever recorded, driven by weak U.S. employment data and government stability concerns following the shutdown that began on October 1 [1] - Bitcoin led the inflows with $3.55 billion, Ethereum followed with $1.48 billion, and Solana achieved a record of $706.5 million in weekly inflows [1] - Total assets under management in digital assets reached an all-time high of $254 billion [1] Group 2: Regional Inflows - The United States accounted for a record $5.0 billion in weekly inflows, while Switzerland reached $563 million and Germany recorded $312 million in inflows [2] - XRP experienced significant inflows of $219.4 million, while other altcoins attracted minimal capital [2] Group 3: Bitcoin and Ethereum Spot ETFs - Bitcoin spot ETFs recorded $3.24 billion in net weekly inflows from September 29 to October 3, marking the second-highest weekly total in history [3] - All nine Ethereum spot ETFs posted positive inflows totaling $1.3 billion [3] - The influx of institutional capital coincided with Bitcoin reaching a new all-time high above $125K, following disappointing ADP payroll data [3] Group 4: Employment Data and Economic Impact - The U.S. employment data showed a loss of 32,000 private jobs in September, contrary to expectations of a 45,000 gain, marking the third decline in four months [4] - Job openings increased by only 19,000 in August, reaching 7.208 million, near the lowest level since January 2021 [4] - The job vacancy-to-unemployment ratio fell to 0.98, the weakest since April 2021 [4] Group 5: Government Shutdown Effects - The U.S. government shutdown, which began on October 1, has furloughed approximately 800,000 federal workers, nearly 40% of the federal workforce, with another 700,000 working without pay [5] - The shutdown threatens widespread disruptions and has delayed key economic data releases, including employment and inflation reports [5] Group 6: Market Predictions and Dollar Performance - Predictions indicate the government shutdown may continue until October 15 or later, with 73% of bettors selecting that date as the earliest possible resolution [6] - The political dysfunction has accelerated the "debasement trade," with the dollar on track for its worst year since 1973, down over 10% year-to-date and losing 40% of purchasing power since 2000 [6]