#Crypto Fund Inflows Hit Record High#
Hot Topic Overview
Overview
Crypto fund inflows hit a record high last week, reaching $2.2 billion, pushing total assets under management to a record $171 billion. This was driven primarily by "Trump inauguration euphoria" and the positive price movement of cryptocurrencies. Bitcoin saw the largest inflows, reaching $1.9 billion, while Ethereum saw inflows of $246 million. Institutional crypto funds, such as those managed by BlackRock, also saw record inflows, with BlackRock seeing $357 million BTC inflows, currently holding 563,135 BTC.
Ace Hot Topic Analysis
Analysis
Crypto funds saw a record $2.2 billion in net inflows last week, pushing assets under management (AUM) to a record high of $171 billion. This was mainly driven by "Trump inauguration expectations" and positive cryptocurrency price movements. Of these, Bitcoin saw the largest inflows at $1.9 billion, while Ethereum inflows stood at $246 million. Global crypto funds managed by institutions such as BlackRock also performed strongly, with BlackRock receiving 3,570 BTC, bringing its total holdings to 563,135 BTC, equivalent to $58.87 billion. Notably, despite Ethereum's rebound, flows remained lagging, with Grayscale exiting 5,707 ETH, currently holding 1,391,098 ETH, equivalent to $46.1 billion.
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Classic Views
Crypto fund inflows hit a record high of $2.2 billion, driven by optimism around the inauguration of Trump.
Bitcoin saw the largest inflows at $1.9 billion, pushing the total assets under management of crypto funds to a record high of $171 billion.
Ethereum and Solana also saw inflows of $246 million and $2.5 million, respectively.
Crypto funds managed by institutions like BlackRock saw a surge in inflows, while others like Grayscale saw outflows.