#Cryptocurrency inflows of $2.2 billion#
Hot Topic Overview
Overview
Last week, digital asset investment products saw inflows of $2.2 billion, a record high for the year, bringing total assets under management (AuM) to a new all-time high of $171 billion. This was primarily driven by the buzz surrounding the inauguration of President Trump. Bitcoin dominated inflows, attracting $1.9 billion, bringing total inflows this year 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 total inflows to $484 million since mid-November 2024. In addition, Switzerland and Canada recorded inflows of $89 million and $13 million respectively, indicating regional growth potential.
Ace Hot Topic Analysis
Analysis
Last week, digital asset investment products recorded $2.2 billion in inflows, the highest weekly total this year, pushing total assets under management (AuM) to a record high of $171 billion. The inflows were mainly driven by the hype surrounding President Trump's inauguration, with Bitcoin leading the way, attracting $1.9 billion and bringing its year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, recouping its net outflows for the year. XRP recorded $31 million in inflows last week, bringing its total inflows since mid-November 2024 to $484 million. Additionally, Switzerland and Canada recorded $89 million and $13 million in inflows respectively, highlighting regional growth potential.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration sparked optimism in the cryptocurrency market, leading to $2.2 billion in inflows to digital asset investment products last week, the highest single-week inflow this year.
Bitcoin was the main beneficiary of the inflows, attracting $1.9 billion last week and bringing total inflows this year to $2.7 billion.
Ethereum also recorded inflows of $246 million last week, offsetting net outflows earlier this year.
Switzerland and Canada recorded inflows of $89 million and $13 million respectively, highlighting the potential for regional growth.