#Crypto funds saw inflows of $2.2 billion.#
Hot Topic Overview
Overview
Crypto funds saw inflows of $2.2 billion last week, marking the highest weekly inflow this year, bringing total assets under management (AuM) to a record high of $171 billion. This was mainly driven by market optimism triggered by President Trump’s inauguration, with Bitcoin dominating inflows at $1.9 billion, Ethereum seeing $246 million inflows, and XRP attracting $31 million. Switzerland and Canada also recorded inflows of $89 million and $13 million respectively, indicating regional growth potential.
Ace Hot Topic Analysis
Analysis
Last week, digital asset investment products saw inflows of $2.2 billion, the largest weekly inflow so far this year, pushing total assets under management (AuM) to a record high of $171 billion. The inflows were mainly driven by positive sentiment surrounding the inauguration of Donald Trump. Bitcoin dominated the inflows, attracting $1.9 billion, bringing year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, offsetting net outflows since the beginning of the year. XRP saw inflows of $31 million last week, bringing year-to-date inflows to $484 million since mid-November 2024. Additionally, Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating regional growth potential.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration sparked optimism that drove inflows into crypto funds, setting a new weekly record for the year.
Bitcoin was the main beneficiary of the inflows, attracting $1.9 billion in funds and pushing the assets under management (AUM) of crypto funds to a new all-time high.
Ethereum also saw inflows, offsetting net outflows from the beginning of the year.
Regional growth potential emerged, with Switzerland and Canada recording inflows.