• Digital asset inflows hit $921 million amid policy uncertainty.
• Bitcoin reclaimed key cost zones, with nearly 7 million BTC back in profit.
• U.S. led with $843 million inflows, while Ethereum faced $169 million outflows.

According to CoinShares’ latest report, digital asset investment products recorded $921 million in inflows over the past week, signaling renewed investor confidence after several volatile sessions.

The ongoing U.S. government shutdown has kept traders cautious due to the lack of key economic data, which limits visibility into future Federal Reserve decisions.

However, softer-than-expected inflation data helped lift sentiment, reviving optimism about further rate cuts later this year.

Global trading activity in exchange-traded products (ETPs) stayed strong, hitting $39 billion in weekly volume, far above the year-to-date average of $28 billion. The figures suggest a steady appetite for crypto assets despite the uncertain macro backdrop.

The U.S. remained the largest contributor to inflows, attracting $843 million, while Germany logged a remarkable $502 million, one of its highest weekly totals on record. 

In contrast, Switzerland faced $359 million in outflows, mostly due to asset transfers between providers rather than selling pressure.

Also Read: Bitcoin Eyes $117.000 Target After Massive $356 Million Whale Purchase Boost

Bitcoin Leads With $931 Million Inflows

Bitcoin led the flow charts once again, amassing $931 million in flows. The cumulative flows from the start of the Fed’s rate cuts now total $9.4 billion, while the year-to-date flows total $30.2 billion. That’s marginally lower than last year’s $41.6 billion.

However, Ethereum slowed down due to negative $169 million outflows, which were the first in five weeks. Despite that, leverage Ethereum instruments remain favored by traders who foresee a revival in the future.

Solana and XRP went through a cooling-off period before the expected U.S. ETF launches, with $29.4 million and $84.3 million investments, respectively.

Observers of the markets noted that the influx of capital back into Bitcoin-related funds indicates an increased sense of conviction that the markets have seen off the instability that has been experienced.

Nearly 7 Million Bitcoin Return to Profit

According to data from CryptoQuant, it appears that Bitcoin has regained important levels of cost. For the last 24 hours, Bitcoin breached above the $112K-$113K levels of resistance. As of now, it’s headed towards $115K.

The rally led to a breakout above three strong levels that had been realized by short-term traders, new entrants, and recent buying activity. These levels act as zones of psychological support.

About 7 million of the total BTC are now in profit, including 5.1 million investor coins with a holding duration of less than six months, as well as 1.8 million new users.

The analysis of data indicates that these actions denote renewed conviction in the markets. Apparently, it may set off the next bullish trend in the value of Bitcoins.

Also Read: Bitcoin’s (BTC) Massive Strength: 12.11% Surge Predicted Amid Market Turbulence