๐ŸŽ‰๐Ÿš€ Bitcoin enthusiasts, buckle up! Digital asset investment products are on a roll, with a surge for the second week in a row, hitting a whopping $932 million! ๐Ÿ“ˆ๐Ÿ’ฐ However, the trading volume was a mere $10.5 billion, a far cry from the $40 billion recorded in March.

The unexpected CPI report released on Wednesday was a major trigger for the influx of funds. CoinSharesโ€™ Digital Asset Fund Flows Weekly Report reveals that 89% of the total flows happened during the last three trading days of the week, hinting that BTC prices are back in sync with interest rate expectations. ๐Ÿ“Š๐Ÿ”ฎ

Bitcoin investors aren't betting on a price drop, indicating a bullish outlook. Short BTC investment products saw a measly $0.6 million inflow, while Bitcoin enjoyed weekly inflows of $942 million. ๐ŸŽ‰๐ŸŽ‰

Altcoins like Solana, Chainlink, and Cardano also saw inflows, with $4.9 million, $3.7 million, and $1.9 million respectively. Litecoin had modest inflows of $0.5 million. ๐ŸŽˆ๐ŸŽˆ

However, Ethereum faced a negative sentiment due to concerns about the SECโ€™s approval of a spot-based ETF, resulting in outflows of $23 million over the past week. Blockchain equities also saw outflows, with only six out of twenty weeks this year recording inflows. ๐Ÿ˜”๐Ÿ˜”

The US led the way with $1.002 billion in inflows last week, largely thanks to Grayscale. Switzerland and Germany also had modest inflows, while Hong Kong, Canada, and Sweden saw outflows. ๐ŸŒŽ๐ŸŒ๐ŸŒ

Stay tuned for more exciting updates, Bitcoiners! ๐Ÿš€๐Ÿš€๐Ÿš€