In Asia's Friday market, dog-themed memecoins like SHIB, BONK, and FLOKI experienced significant gains, with SHIB and FLOKI up by 15% and BONK leading with a 17% increase, fueled by a return of risk appetite among investors.

Conflux's CFX saw an 18% rise following news of liquidity injection by the People's Bank of China, with traders focusing on assets perceived as 'China beta' like CFX, dubbed the 'Chinese Ethereum', especially after its new support for stablecoins.

Bitcoin (BTC) rose by 3%, trading above $65K with U.S. spot bitcoin ETFs seeing one of their largest inflow days at $365 million, predominantly into ARK's ARKB, while Ethereum (ETH) experienced minor outflows but still gained 4% over the week.