Last week brought exciting news for crypto watchers. Investment funds pulled in a whopping $716 million, the second week running of green numbers. This pushed total assets under management up to $180 billion, bouncing back 7.9% from November’s rough patch.
Bitcoin took the biggest slice at $352 million. Chainlink surprised everyone with a record $52 million haul—its best week ever. Meanwhile, bets against Bitcoin flipped, with $18.7 million leaving short positions.
Breaking Down the Latest Inflows
Picture this: cash flooding into crypto products around the world. Bitcoin snagged $352 million, pushing its year-to-date total to $27.1 billion. That’s serious momentum.
Chainlink grabbed headlines next, with inflows hitting 54% of its exchange-traded product assets. Folks are betting big on its oracle tech as DeFi heats up. Ethereum and XRP kept the pace from before, steady and strong.
Overall assets hit $180 billion. Sure, it’s below the $264 billion high, but the uptick feels solid. North America led, but Europe and Asia joined the party despite holiday-quiet trading.
Standout Performers
- Bitcoin: $352M this week, $27.1B YTD
- Chainlink: All-time weekly high of $52M
- Ethereum: Holding firm after $308M last time
- XRP: Riding $289M wave from ETFs
What’s Fueling This Crypto Comeback?
Sentiment shifted fast after $5.7 billion drained out over four weeks. Chatter about US rate cuts, thanks to FOMC hints, lit the fuse. Investors smell opportunity.
Sure, inflation data caused a mid-week wobble, but flows stayed positive. James Butterfill at CoinShares pointed out the market’s sensitivity to Fed moves, yet institutions keep showing up.
Bitcoin still rules, but alts like Chainlink shine for their real uses. XRP’s ETF buzz kept the energy going from its record week.
Main Sparks Behind the Flows
- Rate cut buzz from FOMC talks
- Short sellers bailing on Bitcoin
- ETF excitement for XRP and Chainlink
How These Inflows Shake Up Prices and Vibes
History shows inflows like this often kick off rallies. Bitcoin stayed steady through last week’s $461 million, now supercharged by another $352 million. Keep an eye on Fed news for swings ahead.
Chainlink’s jump highlights smart money going for backbone tech. Oracles make smart contracts tick—demand surges as more projects plug in.
At $180 billion in AUM, we’re seeing crypto go mainstream. Institutions pave the way, pulling in everyday traders too. It’s not just a US story anymore; regions worldwide are in.
Recent Flows at a Glance
Numbers don’t lie—this is a clear pivot.
FAQs: Crypto Fund Inflows Basics
What sparked the $716 million rush?
Rate cut hopes plus institutions rebounding after big outflows.
Who topped the list?
Bitcoin with $352M, Chainlink’s record $52M close behind.
AUM at peak levels yet?
Not quite—$180B versus $264B top, but up 7.9% from lows.
Next week look good?
Hinges on Fed; watch for inflation ripples.