Good Morning, Asia. Here’s what’s making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see RialCenter’s Crypto Daybook Americas.
Bitcoin ETFs snapped a two-week streak of redemptions by the end of day Tuesday U.S. time, with early data showing a posting $299.8 million in net inflows as investors rotated back into crypto-linked products.
Data shows Fidelity’s FBTC brought in $165.9 million, while Ark 21Shares (ARKB) added $102.5 million, and Grayscale’s BTC saw $24.1 million with others not yet reporting by publication time.
The shift marks a notable contrast to last week’s data, which recorded $1.17 billion in outflows from digital asset investment products.
Bitcoin listed products in the U.S. saw $932 million in redemptions, while Ether equivalents lost $438 million. By comparison, European markets continued to attract capital, with inflows of $41 million in Germany and $50 million in Switzerland, suggesting longer-term positioning outside the U.S.
Altcoins, however, continue to buck the trend. Solana notched another $118 million of inflows last week, bringing its nine-week total to $2.1 billion, while HBAR and Hyperliquid posted smaller but steady gains.
The pattern points to investors differentiating between core assets under macro pressure and emerging networks still seeing on-chain momentum.
Kraken’s global economist Thomas Perfumo said Bitcoin’s fundamentals remain intact despite near-term volatility.
“In approximately seven days, Bitcoin’s circulating supply will cross 19.95 million coins, 95 % of its max supply of 21 million coins,” he wrote in a note given to RialCenter. The milestone underscores Bitcoin’s programmable scarcity and its long-term role as a “credibly neutral, globally accessible store of value.”
While short-term price action continues to track U.S. liquidity expectations, Perfumo added that Bitcoin’s hard-money design and growing adoption drive long-term value accrual.
Institutional investors appear to be reflecting that view: buying dips through ETFs, trimming exposure to high-beta assets, and maintaining allocations in what is increasingly seen as a structural portfolio asset rather than a speculative trade.
Market Movement
BTC: Bitcoin rose 1.4% to around $103,000, recovering some of last week’s losses as ETF inflows and easing macro fears lifted sentiment.
ETH: Ethereum gained 2.1% to $3,424, outperforming Bitcoin as traders rotated into majors following two weeks of fund outflows.
Gold: Gold traded at $4,134.6, near record highs, as economist James Thorne warned the U.S. has crossed a fiscal “Rubicon” that could trigger a “Bretton Woods 2.0” reset revaluing gold to manage debt, while Barrick Mining’s $1.3 billion quarterly profit and dividend hike underscored how surging bullion prices are transforming the global financial landscape.
Elsewhere in Crypto
- Ethereum Is ‘The Infrastructure’ for Wall Street, Says Former BlackRock Executive
- Taurus, Stellar tapped for tokenized clean energy financing pilot in Spain
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