Five top PumpFun tokens to watch this week are FARTCOIN, Alchemist AI (ALCH), HOUSE, GORK, and AVA. FARTCOIN leads with a $1.1 billion market cap and a 343% gain since March 1.
ALCH and AVA are gaining traction with strong narratives, while GORK and HOUSE show high volume and volatility. All five tokens are approaching key price levels that could trigger major moves in the days ahead.
FARTCOIN
FARTCOIN has firmly established itself as the leading token on PumpFun, reaching a massive $1.1 billion market cap after climbing 144% in the last 30 days.
While much of the crypto market faced corrections, FARTCOIN continued its upward march, now up 343% since March 1.
Few meme coins have matched this level of sustained performance, placing FARTCOIN in its own category in terms of strength and consistency.
Technically, the chart still leans bullish, though the gap between short- and long-term moving averages is narrowing, signaling that momentum may be cooling slightly.
On the downside, $1.06 acts as first support, and if that level breaks, the next major area to watch is $0.94.
Alchemist AI (ALCH)
Alchemist AI (ALCH), a no-code platform that lets users build applications using artificial intelligence and natural language, has rapidly gained attention as one of the top-performing PumpFun tokens.
Over the past month, ALCH has surged nearly 170%, driving its market cap to $153 million.
Technically, ALCH is approaching a critical resistance around $0.184. A confirmed breakout above this level could lead to new all-time highs, with $0.239 as the next major target.
On the downside, $0.155 is key support—if lost, the token may retrace to $0.132, with a deeper pullback possibly extending to $0.076.
The token surged over 23% in the past seven days, but is currently undergoing a sharp 24-hour correction of more than 22%, showing high volatility common to meme-driven assets.
Looking ahead, HOUSE is nearing a key support level at $0.0569. If it holds that zone, a rebound could take it to $0.0835, and with strong momentum, even up to $0.13.
However, losing that support may signal deeper short-term weakness, and traders will be closely watching how HOUSE reacts in the coming sessions.
New XAI Gork (GORK)
GORK, launched only a few days ago, has already become one of the hottest tokens on PumpFun, with a market cap exceeding $51 million. Its rapid rise has drawn significant trader attention, driven by strong early interest and hype.
In the last 24 hours alone, GORK’s trading volume jumped nearly 82%, reaching $223.55 million, signaling intense speculative activity around the token.
The price is up 7% over the past day, and if momentum continues, GORK could soon test resistance at $0.076, with a possible move to $0.095 in a strong rally.
However, volatility remains high, and if sentiment shifts, the token could correct and test support at $0.0355. How GORK behaves around these levels will likely determine whether it can sustain its breakout or fade with the next market cycle.
Ava AI (AVA)
AVA has gained strong traction over the past week, jumping over 72% and pushing its market cap to $83 million, despite a 6% pullback in the last 24 hours.
The token was developed by the Holoworld team—an AI engine for storytelling designed to serve next-gen creators and brands through immersive, intelligent character-driven experiences.
The SEC’s Crypto Task Force announced the agenda for its next Roundtable discussion, which will focus on tokenization. The agenda will span two halves, presumably focusing on RWAs and generalized financial instruments.
The Commission announced that this discussion would focus on tokenization in March, but the full agenda provides more complete information. It includes a full list of participants, including many prominent firms.
The SEC Talks Tokenization
Since coming under new leadership this year, the Commission has been hosting Roundtable Discussions on topics in the crypto industry. According to a press release, the SEC’s next talk will concern tokenization, featuring representatives from firms like BlackRock, Nasdaq, Fidelity, Robinhood, Securitize, and more.
“Tokenization is a technological development that could substantially change many aspects of our financial markets. I look forward to hearing ideas from our panelists on how the SEC should approach this area,” Hester “Crypto Mom” Peirce, one of the SEC’s Commissioners, claimed.
Over the last few weeks, the SEC has shown an interest in tokenization. In late April, it planned a regulatory sandbox concerning real estate tokenization with counterparts in El Salvador and private firms. The results of this planning session seemed inconclusive; none of its non-SEC participants are scheduled to appear at the Roundtable. Still, it shows interest.
The discussion is split between two main panels: “Evolution of Finance: Capital Markets 2.0” and “The Future of Tokenization.” Both feature participation from some of the major firms involved, with the US ETF issuers primarily speaking on the first panel.
This could potentially suggest a focus on tokenization as a financial instrument for institutional investors. The latter panel involves RWA advocates like Securitize and Robinhood, possibly indicating that it focuses on RWAs. Still, that’s only speculation.
Other than these general outlines, the SEC hasn’t specified which areas of tokenization are its highest priorities. The Commission first planned this discussion in late March, but today’s agenda is the first major update since then.
Ethereum (ETH) is entering a critical week, with technical signals, on-chain data, and a major upgrade all converging. The Pectra Upgrade, set for May 7, aims to improve staking and wallet functionality, but short-term volatility is likely during the rollout.
Meanwhile, ETH’s BBTrend sits at 1.22, showing early bullish momentum, though not yet strong enough to confirm a breakout. At the same time, whale activity remains near 5,463 addresses, and price continues to trade in a tight range between $1,828 and $1,749—setting the stage for a potential breakout or breakdown.
Ethereum Pectra Upgrade Set for May 7: What to Expect
Ethereum’s highly anticipated Pectra Upgrade is set to go live on May 7, introducing 11 new Ethereum Improvement Proposals (EIPs). EIP-7251 stands out for raising the staking cap from 32 ETH to 2048 ETH, aiming to streamline validator operations and boost staking efficiency.
The upgrade also includes wallet improvements focused on user experience, such as easier recovery and gasless transactions, which could drive broader dApp adoption. While this may increase ETH demand long term, exchanges could temporarily halt ETH transfers during deployment, causing short-term volatility.
Though the upgrade promises significant enhancements, it has already faced multiple delays due to extended testing on networks like Hoodi and Sepolia. A smooth rollout may boost confidence and price, but any technical issues could trigger negative market reactions.
ETH Trend Signal at 1.22: Early Uptrend or Just Noise?
Ethereum’s BBTrend indicator is at 1.22, signaling a mild bullish bias. Over the past day, the BBTrend reached a high of 2.23, showing stronger momentum before pulling back slightly.
Although the current reading has cooled, it remains positive, suggesting the uptrend is not yet invalidated. Traders are watching whether BBTrend can rise again to confirm renewed strength or if momentum continues to fade.
The BBTrend (Band-Break Trend) is a volatility-based indicator designed to detect the strength and direction of price trends. Readings above 1.00 typically suggest a bullish trend, while readings below -1.00 indicate a bearish trend.
Values between -1.00 and 1.00 are considered neutral or trendless, signaling either sideways movement or weak conviction in either direction. The farther the BBTrend moves from zero, the stronger the trend, making values like 2.23 notable for trend confirmation.
However, it’s not a strong breakout level, meaning the price could still reverse if selling pressure increases or momentum fades.
A push back above 2.00 would likely confirm sustained bullish momentum, while a drop below 1.00 might indicate a return to consolidation or even a shift to bearish conditions.
Adding to the broader picture, the number of Ethereum whales—addresses holding between 1,000 and 10,000 ETH—currently stands at 5,463.
This number has fluctuated in recent weeks, struggling to break decisively higher. Whale activity is a critical on-chain signal, as these large holders often influence price movements through accumulation or distribution. A steady or rising whale count typically signals confidence and long-term accumulation, which could support ETH’s price in the coming weeks.
Conversely, a continued stall or drop in whale numbers may reflect hesitation among larger investors, potentially limiting upside momentum.
ETH Stuck in a Range as Traders Await Breakout or Breakdown
Ethereum price has traded between $1,828 resistance and $1,749 support since April 21. The range has held for over two weeks, showing market indecision.
The EMA lines remain bullish, with short-term averages still above long-term ones. However, they’re starting to converge, and a death cross could form soon.
The SEC delayed Canary Capital’s application for a Litecoin ETF today, opening public comments over the proposal’s compliance with regulatory requirements. The price of LTC fell 5% after the announcement.
The public comment aspect doesn’t appear to signal the Commission’s intentions; this could be a standard delaying tactic. Nonetheless, the market immediately took it as a bearish signal.
However, the SEC instead decided to delay this application, including a request for public comments in its notice:
“The Commission seeks and encourages interested persons to provide comments on the proposed rule change. The Commission asks that commenters address the sufficiency of [whether] the proposal… is designed to prevent fraudulent and manipulative acts and practices or raises any new or novel concerns not previously contemplated by the Commission,” it read.
Litecoin’s price fell quickly after the Commission delayed this application, dropping 5% at its lowest point. Polymarket’s odds of a Litecoin ETF approval in Q2 2025 also plummeted, but the chances of a 2025 approval in general remained steady.
Odds of a Litecoin ETF in Q2 2025. Source: Polymarket
In other words, things could be a lot worse. James Seyffart, an ETF analyst who predicted the Litecoin delay, didn’t comment on the public comment aspect. It seems like a stretch to claim that the SEC is signaling its intent to refuse this or any other altcoin ETF proposal.
Still, the market can react harshly to such developments in the short term, and traders are repositioning their bets on the altcoin.
Over 50% of all cryptocurrencies ever launched since 2021 are now defunct. An even more alarming trend is emerging in 2025, where the percentage of failed tokens launched this year has reached the same level in just the first five months.
That percentage will naturally rise with more than half of the year left. Representatives from Binance and Dune Analytics told BeInCrypto that these failures are just another reminder of the need to launch viable projects, backed by solid tokenomics and a robust community.
Ghost Tokens Skyrocket
A recent CoinGecko report revealed some jaw-dropping data. Of the approximately 7 million cryptocurrencies listed on GeckoTerminal since 2021, 3.7 million have subsequently died.
Several factors are considered when evaluating whether a coin has reached its end.
“A coin is classified as ‘dead’ when it loses all utility, liquidity, and community engagement. Key indicators include near-zero trading volume, abandoned development (no GitHub commits for 6+ months), and a price drop of 99%+ from its all-time high. Teams often vanish without warning—social media accounts go dormant, domains expire,” Alsie Liu, Content Manager at Dune Analytics, told BeInCrypto.
Half of all tokens launched since 2021 have died. Source: CoinGecko.
A significant 53% of listed cryptocurrencies have failed, with most collapses concentrated in 2024 and 2025. Notably, the over 1.82 million tokens already stopped trading in 2025 significantly outpaced the approximately 1.38 million failures recorded throughout 2024.
With seven months out of the year ahead, this trend of increasing failures in the current year will continue to grow.
CoinGecko specifically suggested a potential link between economic concerns like tariffs and recession fears, noting a surge in meme coin launches after a certain election, with subsequent market volatility likely contributing to their decline.
However, not all responsibility can be placed on a greater economic downturn. Other aspects can contribute to these project failures.
“Common factors include inability to find product market fit leading to negligible interest from users or investors, or project teams that focus too much on short-term speculation with no long-term roadmap, and sometimes abandonment by developers (rug pulls). Broader issues like fraudulent intentions, weak user traction, novelty-driven hype, financial shortfalls, poor execution, strong competition, or security failures also contribute to project failure,” a Binance spokesperson told BeInCrypto.
The rapid rise in ghost tokens also came with the exponential launch of projects en masse, particularly since the start of 2024.
Analyzing the Life-Death Ratio
Last year was novel in its own right following the proliferation of meme coins. This new narrative emerged particularly after the launch of Pump.fun, a Solana platform that allows anyone to launch a token at a minimal cost.
According to CoinGecko data, 3 million new tokens were listed on CoinGecko in 2024 alone. Half of these projects died, but the other half survived. However, the situation in 2025 appears less stable.
The difference between token launches and failures in 2025 is minimal. Source: CoinGecko.
While the number of new token launches remains high, the number of failures is nearly equivalent, with launches only marginally exceeding deaths by about a thousand.
“Ecosystems with low barriers to token creation see the highest number of ghost coins. In general, platforms that make it very easy and cheap to launch new tokens see the most abandoned coins. During this cycle, Solana’s meme coin surge (e.g., via token launchpads like Pump.fun) drove a flood of new tokens, many of which lost user traction and daily activity once initial hype faded,” Binance’s spokesperson explained.
As of March 5, the meme coin market capitalization had sharply decreased to $54 billion, marking a 56.8% drop from its peak of $125 billion on December 5, 2024. This downturn was accompanied by a significant decrease in trading activity, with volumes falling by 26.2% in the preceding month alone.
Certain token categories have been hit harder than others.
Music and Video Tokens Among the Hardest-Hit Categories
A 2024 BitKE report indicated that video and music were prominent categories with many failed cryptocurrency projects, reaching a 75% failure rate. This outsized percentage suggests that niche-focused crypto ventures often face challenges in achieving long-term viability.
“These niches face adoption and utility gaps. Music tokens struggle to compete with Spotify/YouTube, while ‘listen-to-earn’ models often lack demand. As more mainstream celebrities get into the space without knowing much about blockchain technology, tokens have become the new cash-grab business,” Liu explained.
Binance’s spokesperson noted that legal and technical hurdles, such as music licensing and the significant resources needed for video delivery, complicated the scaling of decentralized alternatives.
They further explained that many projects struggled to remain sustainable without substantial user adoption or strong network effects.
“This highlights that a good concept alone is not enough; crypto projects must also compete with entrenched Web2 platforms, navigate complex industry challenges, and deliver real-world utility to succeed. Without aligning with user behavior and market needs, even well-intentioned initiatives risk fading into ghost tokens,” Binance told BeInCrypto.
Despite the discouraging number of failed tokens, this situation offers important insights into building resilient projects that withstand unfavorable market conditions.
What Can We Learn From Catastrophic Token Collapses?
Prospective token creators can learn significant lessons from once-popular projects that ultimately failed. The negative outcomes experienced by these ventures, particularly in severe instances, can motivate the development of new projects responsibly and avoid similar pitfalls.
Binance referred to notorious ghost coin cases BitConnect and OneCoin.
“BitConnect, once a top-10 coin, collapsed in 2018 after being exposed as a Ponzi scheme promising ~1% daily returns. Investors lost nearly $2 billion. OneCoin, raising ~$4 billion, never had a real blockchain and relied on aggressive multi-level marketing before collapsing. Both cases highlight the dangers of projects built on hype, unrealistic promises, and lack of verifiable technology,” Binance’s spokesperson explained.
While concerning, the rising number of ghost coins serves as a crucial reminder that discernible warning signs often precede the downfall of these cryptocurrencies.
These cases underline the necessity of rigorous research, validating underlying principles, and maintaining a cautious perspective, especially when investment gains appear unrealistically high. Prioritizing risk management and sustainable long-term factors should outweigh short-term speculative trading.
Binance particularly highlighted the importance of “Do Your Own Research” (DYOR) when evaluating crypto projects.
“Practically, this means reviewing the whitepaper, assessing whether the project solves a real problem, verifying the team’s credibility, examining tokenomics and supply distribution, and checking community and development activity,” Binance said, adding that “In essence, DYOR is about empowerment and protection. It helps investors identify solid projects and avoid scams or ghost tokens by spotting red flags early. Given how fast crypto markets move, personal due diligence remains essential for navigating the space safely and successfully.”
Ultimately, the prevalence of ghost tokens highlights a critical truth for crypto participants: thorough research and fundamental value are paramount for identifying lasting projects.
Traders and investors are gearing up for a big week, with many crypto events in the pipeline. Accordingly, heightened volatility is expected, but crypto airdrops provide a gateway worth considering.
Crypto airdrops offer investors a chance to join promising projects at their early stages with little to no initial investment. The following airdrop opportunities may be worth considering for the first week of May.
Miden
Boasting up to $25 million in funding, Miden presents the first crypto airdrop to consider this week. The project enjoys backing from notable investors such as Andreessen Horowitz (a16z), 1kx, Hack VC, and Symbolic Capital.
“Today, we announce our $25 million seed fundraise and spinout from Polygon,” Miden announced recently.
Miden is a ZK-rollup L2 blockchain built on Ethereum and spun from Polygon Labs. It enables private, scalable smart contracts. The project plans to airdrop 10% of its native tokens to Polygon (POL) stakers.
This initiative aims to reward Polygon’s ecosystem and incentivize participation in Miden’s zero-knowledge-powered network. By shifting execution to client devices, this enhances privacy and scalability.
“…Miden can support potentially infinite TPS by supporting client-side proving. It also supports opt-in privacy,” wrote Polygon executive Sandeep Nailwal.
The airdrop aligns with Miden’s integration into Polygon’s AggLayer, boosting cross-chain liquidity. Snapshots for eligibility began shortly after the announcement on April 29, with the mainnet launch scheduled for Q4 2025.
In the meantime, Miden is already planning a testnet, and airdrop farmers can perform the first activities to get a chance to become early users.
Camp Network
Another crypto airdrop to watch is on the Camp Network, which has raised up to $29 million. Investors such as Blockchain Capital, OKX Ventures, HTX Ventures, 1kx, and Maven 11 Capital, among others, back the project.
Camp Network is a Layer-1 blockchain focused on intellectual property (IP) management and AI agent integration. The project launched an incentivized testnet, allowing airdrop farmers to participate by completing simple social tasks to earn points.
“Freaky incentivized testnet update engage with our big steaming hot network of ecosystem partners to climb the leaderboard and win succulent rewards,” Camp Network shared.
Notably, if a token is launched, these points will be converted into project tokens in the future. The points, referred to as “Acorns,” require users to complete tasks like daily check-ins, social media engagement, and interacting with the ecosystem via the testnet faucet.
Mezo
Mezo is the third crypto airdrop to watch for the first week of May. It has raised up to $28.5 million. Backers include Pantera Capital, Multicoin Capital, Ledger, Mantle Network, GSR, Hack VC, and Bybit Exchange.
It is a Bitcoin Layer-2 network focused on enhancing Bitcoin’s utility through borrowing, spending, and earning without selling BTC. It launched a campaign on Galxe where airdrop farmers can complete quests to earn points.
“Complete quests and claim mats! We’ve joined forces with Galxe, so you can earn mats and more—alongside our partners ZeroLend, Velar, Blend, and Pamp Land,” Mezo Network announced.
After completing all the quests, participants can also grab the Galxe Questooor role, with most quests being free. However, for some, airdrop farmers will need to borrow MUSD.
Notably, after opening Galxe tasks on April 24, the Mezo airdrop will remain open until May 27, 2025. Meanwhile, users can also stake to earn points, a function that remains open without a specific deadline.
The US Securities and Exchange Commission (SEC) is set to decide on the proposed spot Litecoin (LTC) exchange-traded fund (ETF) by Canary Capital on May 5.
Meanwhile, market watchers have grown increasingly optimistic. Approval odds have surged to their highest point on Polymarket since mid-March.
However, the SEC opted to extend this period by 45 days, designating May 5 as the new 90-day deadline.
“Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 6 designates May 5, 2025, as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove, the proposed rule change (File No. SR-NASDAQ-2025-005),” the statement read.
Similarly, Grayscale’s application to convert its Polkadot (DOT) Trust into an ETF was also delayed. The new decision deadline is June 11.
However, the SEC’s decision not to delay the Litecoin ETF beyond the 90-day deadline has drawn significant attention from the community. Bloomberg’s ETF analyst James Seyffart highlighted this in a recent post on X (formerly Twitter).
“SEC went early and delayed a bunch of filings but not this,” Seyffart wrote.
On the prediction platform Polymarket, approval odds surged to 79%, the highest since mid-March. Additionally, the odds for approval by July saw a boost, rising to 49%.
Litecoin ETF Approval Odds in 2025. Source: Polymarket
A decision in favor of the ETF could pave the way for broader adoption of Litecoin, often regarded as a lighter, faster alternative to Bitcoin. Conversely, disapproval or further delay could signal continued regulatory hesitation in the crypto space. As the clock ticks, all eyes remain on the SEC’s next move.
With several impressive milestones, the TRON network continues to assert its dominance in the stablecoin payment sector. Recently, the amount of USDT (Tether) circulating on TRON reached a new all-time high.
Meanwhile, the number of long-term holders on TRON has exceeded 2.66 million addresses. This reflects retail investors’ strong confidence and long-term commitment to this layer-1 blockchain.
Can USDT Supply on TRON Surpass Ethereum?
Data from CryptoQuant shows that the USDT supply of TRON has grown steadily over recent years. Currently, the market cap of USDT on TRON has hit a record high, with over $71 billion USDT in circulation.
Meanwhile, Ethereum hosts $74.5 billion USDT in circulation. TRON is narrowing the gap with ETH in terms of traders’ USDT usage.
USDT Total Supply on TRON and Ethereum. Source: CryptoQuant
“This milestone cements TRON’s position as one of the major blockchains in the DeFi space, and it may even surpass the adoption of some major chain competitors in the future,” Analyst Darkfost commented.
For context, the total stablecoin market capitalization is $242 billion, and Tether (USDT) alone accounts for $149 billion. That means TRON facilitates smooth transactions for 29% of the stablecoin market cap and 47% of USDT’s market cap.
Additionally, data from Artemis shows that TRON accounts for 28% of all active stablecoin wallet addresses, more than any other blockchain tracked. This makes TRON the top chain in terms of fee revenue.
Stablecoin Active Address by Chain. Source: Artemis
A recent report from BeInCrypto reveals that experts predict stablecoins will attract strong VC interest in the future. The number of issuers could grow tenfold. New issuers may choose TRON, which would benefit a blockchain capable of handling $150 billion in weekly stablecoin transaction volume.
Tron (TRX) Backed by Loyal Long-Term Holders
CryptoQuant also reports that 2.66 million TRX addresses have held their tokens for over one year without spending them. These wallets maintain balances of at least 10 TRX. While 10 TRX is worth only a few dollars, many retail investors choose to hold TRON long-term, even with small amounts of capital.
Analyst Crazzyblockk believes this metric indicates strong user loyalty and sustained engagement, which can support TRX’s price in the long run.
Tron Long-term Holders (> 1 Year Holders). Source: CryptoQuant.
“Increased long-term holding is often linked to higher confidence in the underlying network and potential for liquidity resilience,” Crazzyblockk said.
However, some investors argue that TRON’s vitality relies too heavily on USDT transactions. Data from Dune shows over 3 million TRON wallets are active daily, but most only transact USDT. Therefore, any strategic changes in the TRON–Tether relationship could significantly impact the network and the price of TRX.
This dependency highlights TRON’s weak utility outside the USDT space. For example, TRON lags far behind Solana in meme coin deployment and is significantly behind other chains in decentralized exchange (DEX) trading volume. Moreover, TRON appears nearly absent from the real-world asset (RWA) market share.
Tron (TRX) Price Performance Chart. Source: BeInCrypto.
At the time of writing, TRX is trading around $0.25, showing little movement after falling from a high of $0.45 late last year.
PI has been in a persistent downtrend since reaching an all-time high of $3 on February 26. In fact, it has traded below a descending trendline since April 12, highlighting the negative bias against the altcoin.
However, the tide may finally be turning. Technical indicators now point to a potential bullish resurgence, hinting at a PI rebound in the short term.
PI’s Quiet Accumulation Phase Could Trigger a Rally
BeInCrypto’s assessment of the PI/USD one-day chart suggests that the altcoin may be preparing for a bullish breakout. For example, its on-balance volume (OBV) has spiked over the past two days, showing early signs of accumulation.
The OBV indicator uses trading volume to predict price movements, adding volume on up days and subtracting it on down days. When its value rises like this, it suggests a surge in buying pressure.
OBV is considered a leading indicator, meaning it often moves ahead of price action and can signal shifts in market sentiment before they are reflected in the asset’s price. Therefore, PI’s rising OBV indicates that buyers are quietly accumulating the token, even as its price remains subdued.
This divergence signals that bullish momentum is building, increasing the likelihood of a PI breakout once broader market sentiment aligns.
Furthermore, the red bars forming PI’s BBTrend indicator have gradually shrunk. This reduction suggests that selling pressure is weakening, serving as an early signal that the current downtrend may be losing steam.
In technical analysis, a contraction in the BBTrend histogram is a precursor to a potential trend reversal, especially when accompanied by rising volume and other bullish indicators.
As the bars shorten, it indicates that volatility is stabilizing in the PI market and that a bullish shift in price is increasingly likely.
PI for Reversal as Bullish Signals Point to $1 Breakout
PI currently trades at $0.591, resting below its descending trend line, which forms resistance above it at $0.605. If bullish pressure strengthens and PI demand rockets, it could flip this price point into a support floor and climb toward $1.01.
Crypto inflows extended their streak of positive flows last week, with total inflows over the past three weeks reaching $5.5 billion.
It comes amid growing optimism in the market, with macroeconomic data adding to the list of tailwinds for the pioneer crypto.
Crypto Inflows Reached $2 Billion Last Week
The latest CoinShares report indicates that crypto inflows reached $2 billion last week, marking the third consecutive stream of positive flows.
The week prior, crypto inflows reached $3.4 billion as investors turned to digital assets for their haven status. Before that, inflows into digital asset investment products were $146 million, where XRP bucked the trend.
Last week, however, Bitcoin was the prime beneficiary, recording up to $1.8 billion in inflows. Similarly, Ethereum saw the second week of solid inflows reaching $149 million. Meanwhile, peers such as Solana saw minor inflows of $6 million.
Specifically, markets closed the week optimistically, driven by strong employment data despite earlier weak GDP figures. Headline GDP fell 0.3%, impacted by export declines due to US tariffs. However, core GDP, reflecting private sector strength, rose 3.0%.
In part, CoinShares’ researcher James Butterfill ascribes this to businesses preempting tariffs. Futures markets now expect 86 basis points (bps) of rate cuts in 2025, though strong payrolls (177k vs. 135k expected) and elevated core PCE inflation reduce the likelihood of an FOMC rate cut on Wednesday.
“We believe the current data is likely insufficient to prompt the Federal Open Market Committee (FOMC) to cut rates at next Wednesday’s meeting,” wrote Butterfill.
Against these backdrops, digital asset investment products continue to register positive sentiment, with Bitcoin’s momentum looking positive, particularly in the US.
“Our latest Digital Asset Manager Fund Survey reflects this evolving sentiment: investor preference for Bitcoin has strengthened post-U.S. election, with 63% of respondents now holding it—a 15 percentage point increase since January. Digital asset weightings have risen to 1.8%, the highest level in a year, driven by both price appreciation and improving sentiment. Institutional allocations have climbed to an average of 2.5%,” Butterfill explained.
Yet, despite Bitcoin’s improving sentiment, CoinShares highlights that both new and seasoned investors continue to cite volatility as their top concern.
According to Butterfill, this highlights a persistent disconnect between perceived risk and actual market behavior.
BeInCrypto data shows BTC was trading for $93,997 as of this writing. It was down by almost 2% in the last 24 hours, having slipped below the $94,000 range on Monday.
