#Crypto Fund Inflows Hit All-Time High#
Hot Topic Overview
Overview
Cryptocurrency funds saw a record-breaking $2.2 billion in net inflows last week, pushing assets under management to $171 billion. Bitcoin funds dominated the inflows, with $1.9 billion, while Ethereum funds saw net outflows. The trend was driven by active investments from institutions like BlackRock, reflecting continued investor interest in cryptocurrencies.
Ace Hot Topic Analysis
Analysis
Cryptocurrency funds saw a record-breaking net inflow of $2.2 billion last week, bringing total assets under management to $171 billion. This was driven primarily by "Trump inauguration expectations" and the positive momentum in cryptocurrency prices. Bitcoin funds saw the largest inflow at $1.9 billion, fueling new investment. XRP also saw a significant inflow of $484 million, while inflows into Ethereum funds were relatively lower. Notably, despite the record-high inflow last week, it was lower than the previous week's inflow of $4.8 billion.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency fund inflows hit a record high last week, with net inflows of $2.2 billion pushing assets under management to $171 billion.
Bitcoin fund inflows dominated, with net inflows of $1.9 billion last week driving overall inflows.
Active investments by institutions like BlackRock have driven Bitcoin fund inflows, with BlackRock adding 357 million BTC last week, currently holding 563,135 million BTC.
Ethereum fund inflows were relatively low, with net outflows of 956 ETH last week, with Grayscale seeing outflows of 5,707 ETH, currently holding 1,391,098 ETH.