#Crypto funds hit record highs#
Hot Topic Overview
Overview
Crypto funds saw record inflows of $2.2 billion last week, pushing total assets under management to $171 billion. The inflows were driven by “Trump inauguration expectations” and positive price action in cryptocurrencies. Of this, Bitcoin saw $1.9 billion in inflows, Ethereum saw $246 million, and Solana saw $2.5 million. Global crypto funds managed by institutions such as BlackRock, Bitwise, Fidelity, and Grayscale all received significant inflows.
Ace Hot Topic Analysis
Analysis
Cryptocurrency funds saw a record-breaking $2.2 billion in net inflows last week, pushing assets under management (AUM) to $171 billion. This was largely driven by "Trump inauguration expectations" and positive cryptocurrency price movements. Bitcoin saw inflows of $1.9 billion, Ethereum $246 million, and Solana $2.5 million. Global crypto funds managed by institutions like BlackRock, Bitwise, Fidelity, and Grayscale all received significant inflows. Notably, despite Ethereum's price rebound, its inflows still lagged behind Bitcoin.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration optimism fueled inflows to crypto funds, hitting a record high.
Institutional money flowing into crypto funds drove the asset under management (AUM) of crypto funds to a record high of $171 billion.
Bitcoin inflows dominated, driving $1.9 billion in new investments.
Ethereum inflows rebounded, but flows still lagged behind Bitcoin.