Ether-tracked products brought in $226 million, Solana $22 million, and XRP $11 million last week, bringing total ETF assets under management to an all-time high of $188 billion.
Bitcoin BTC $108 970,06 is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. President signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over tech regulations.
The rhetoric sent asian equities lower for a third time in four sessions, pushed copper futures down in London, and dragged U.S. equity futures into the red.
Yet bitcoin remained largely unfazed, suggesting crypto investors are either discounting the macro noise or viewing BTC as increasingly insulated from global policy risk, some opined.
“Bitcoin’s slight price drop from Trump's tariff plans showcases the digital asset's resilient nature and long-term investor confidence,” said Han Xu, Director at HashKey Capital, said in a Telegram message. “We’re optimistic this trend will continue even amid short-term volatility.”
Still, there's clear hesitation at these levels.
“Buyers are quickly letting off steam,” noted FxPro’s Alex Kuptsikevich. “BTC keeps getting pushed down near $110K, and while the 50-day moving average is attracting dip buyers, sellers are just as active.”
He added that overall market capitalization, while still up 1.8% on the week, slipped 0.6% in the past 24 hours to $3.35 trillion, signaling another “bout of indecision” at the top.
That choppiness persists even as crypto ETF inflows continue. CoinShares reported its 12th consecutive week of net inflows, with nearly $1 billion entering crypto funds last week, and over $790 million of that amount going into bitcoin.