### Crypto Funds Hit New Highs#
Hot Topic Overview
Overview
Cryptocurrency funds saw record inflows of $2.2 billion last week, pushing total assets under management to $171 billion. Bitcoin funds saw the largest inflows at $1.9 billion, while Ethereum funds saw net outflows. This was driven by positive price action in cryptocurrencies and market expectations surrounding President Trump's inauguration.
Ace Hot Topic Analysis
Analysis
Crypto funds hit a new record high last week, with net inflows of $2.2 billion and assets under management reaching $171 billion. This was primarily driven by "Trump inauguration expectations" and the positive movement in cryptocurrency prices. Among them, Bitcoin funds saw the largest inflows, reaching $1.9 billion, driving the overall growth. The active participation of institutions such as BlackRock also contributed to the growth of crypto funds. However, Ethereum funds saw net outflows, with Grayscale outflowing 5,707 ETH, bringing total holdings down to 1,391,098 ETH. Overall, the growth momentum of crypto funds is strong, and future development is worth looking forward to.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Crypto funds saw net inflows of $22 billion last week, a record high, driven mainly by rising cryptocurrency prices and expectations for the Trump inauguration.
Bitcoin fund inflows dominated, reaching $19 billion, pushing crypto fund assets under management (AUM) to a record high of $171 billion.
Investment from institutions like BlackRock has driven the growth of Bitcoin funds, with BlackRock currently holding 563,135 BTC, worth approximately $588.7 billion.
Ethereum fund outflows totaled 956 ETH, with Grayscale accounting for 5,707 ETH outflows. Grayscale currently holds 1,391,098 ETH, worth approximately $46.1 billion.