US Leads Global Crypto Charge With $5B ETF Bet—Here's Why American Investors Are Suddenly All-In On Bitcoin
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The crypto market just sent a clear message to skeptics: digital assets aren’t going away. Exchange-traded funds tracking cryptocurrencies shattered records with $5.95 billion in inflows last week, propelling bitcoin to an all-time high of $126,223 on Oct. 6.
The record capital flooded into digital asset investment products during the week ended Oct. 4, according to data from Coinshares. Bitcoin surged past its August peak on Oct. 5, extending gains that pushed the world’s largest cryptocurrency above $126,000 for the first time.
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Where the Money Is Coming From
The U.S. led with $5 billion in crypto ETF inflows, followed by Switzerland at $563 million and Germany at $312 million—both setting new records, Reuters reported, citing data from CoinShares. Bitcoin attracted $3.55 billion, while Ethereum drew $1.48 billion. Solana and XRP weren’t far behind, pulling in $706.5 million and $219.4 million respectively.
But what’s driving this momentum isn’t just retail FOMO. Bitcoin’s ascent comes alongside a record rally in traditional safe haven gold, as a weakening U.S. dollar amid trade uncertainty and economic concerns is pushing investors to diversify their portfolios, Reuters reported.
“This level of investment highlights the growing recognition of digital assets as an alternative in times of uncertainty,” James Butterfill, head of research at CoinShares, said in the firm's weekly report.
Trending: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
The Institutional Shift That Changes Everything
Here’s what separates this rally from past crypto manias: institutional acceptance is accelerating faster than even bulls anticipated. Deutsche Bank expects bitcoin to feature on most central banks’ balance sheets, alongside gold, by 2030—a projection that would have seemed absurd just five years ago, according to Fortune.
The cryptocurrency rally this year has been driven by more supportive policies under U.S. President Donald Trump, demand from institutional investors, and bitcoin’s deepening integration with global financial markets, according to Reuters.
That integration is happening in real time. While retail investors chase price movements, institutions are quietly building infrastructure that treats bitcoin as a legitimate portfolio asset rather than a speculative gamble. The record ETF inflows reflect this shift—these aren’t day traders making impulsive bets, but wealth managers and pension funds methodically allocating capital.
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