Record $5.95B Crypto Fund Inflows Fuel BTC Price Surge

Crypto investment products drew in $5.95 billion in weekly inflows, setting a new record for digital asset funds.

The surge occurred as the U.S. government shutdown contributed to bullish sentiment across crypto markets, with Bitcoin reaching a new all-time high above $125,000.

James Butterfill, CoinShares head of research, attributed the inflows to delayed reactions following the Federal Open Market Committee interest rate cut and weak employment data from Wednesday's ADP Payroll release.

U.S.-based digital asset products alone attracted $5 billion in net inflows, establishing a new regional record.