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is incomplete:

How the week broke down

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Sådan fordelte ugen sig

or "Sådan var ugen fordelt" – better: "Sådan fordelte ugen sig"

Daily inflows built toward midweek before cooling off. Monday delivered $170 million. Tuesday added $211.49 million. Wednesday hit the week's peak at $244.42 million. Thursday brought $128.69 million, and Friday closed things out with $98.85 million. Even with the slower finish, the five-day total exceeded the previous four weeks combined — a measure of how far the market has swung since the spring.

Translation: "De daglige indstrømninger byggede op mod midten af ugen, før de kølede af. Mandag leverede 170 millioner dollars. Tirsdag tilføjede 211,49 millioner dollars. Onsdag ramte ugens højdepunkt med 244,42 millioner dollars. Torsdag bragte 128,69 millioner dollars, og fredag lukkede med 98,85 millioner dollars. Selv med den langsommere afslutning oversteg femdages-totalen de foregående fire uger tilsammen – et mål for, hvor langt markedet har svinget siden foråret."

Coming off two brutal months

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Efter to brutale måneder

The contrast with the spring is stark. May saw $2.4 billion in net outflows from spot Bitcoin ETFs. June was worse, with $4.5 billion leaving the products. July flipped to a positive month, ending with $172.43 million in net inflows — a modest sum, but a turn nonetheless. August's first full week has already dwarfed that figure, and it did so in five trading days.

Translation: "Kontrasten til foråret er markant. Maj oplevede 2,4 milliarder dollars i netto-udstrømninger fra spot Bitcoin ETF'er. Juni var værre, med 4,5 milliarder dollars, der forlod produkterne. Juli vendte til en positiv måned og sluttede med 172,43 millioner dollars i nettoindstrømninger – en beskeden sum, men en vending alligevel. Augusts første hele uge har allerede overgået det tal, og det gjorde den på fem handelsdage."

Ethereum funds keep climbing

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Ethereum-fonde fortsætter med at stige

Spot Ethereum ETFs attracted approximately $245 million in net inflows over the same stretch, lifting cumulative net inflows to $11.46 billion. July closed with $365 million in net inflows, so the momentum carried straight into August. Ether itself rose about 3% on the week, trading above $1,920 after dipping to $1,800 on Monday.

Translation: "Spot Ethereum ETF'er tiltrak cirka 245 millioner dollars i nettoindstrømninger i samme periode, hvilket løftede de kumulative nettoindstrømninger til 11,46 milliarder dollars. Juli sluttede med 365 millioner dollars i nettoindstrømninger, så momentum fortsatte direkte ind i august. Ether selv steg omkring 3% i løbet af ugen og handlede over 1.920 dollars efter at have dyppet til 1.800 dollars mandag."

What's driving the bid

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Hvad driver købsinteressen

or "Hvad driver efterspørgslen" – "bid" here means the buying interest. I'll use "Hvad driver købsinteressen".

The trigger appears to be macro. US jobs data landed weaker than expected — the kind of print that tends to support risk assets and firm up the case for rate cuts. That backdrop helped lift Bitcoin from $62,200 to $65,400 across the week, and the fund flows followed.

Translation: "Udløseren ser ud til at være makroøkonomisk. Amerikanske jobdata landede svagere end forventet – den slags tal, der har tendens til at støtte risikofyldte aktiver og styrke argumentet for rentenedsættelser. Den baggrund hjalp med at løfte Bitcoin fra 62.200 dollars til 65.400 dollars i løbet af ugen, og fondsstrømmene fulgte efter." Then the ending paragraph: "The all-time weekly record still belongs to the week ending January 16, when Bitcoin ETFs drew $1.42 billion. This week didn't touch that mark, but beating the prior four weeks combined suggests the