#Cryptocurrencies saw inflows of $2.2 billion last week.#
Hot Topic Overview
Overview
Last week, the cryptocurrency market saw a surge in inflows, totaling $2.2 billion, setting a new record for single-week inflows this year. This is mainly attributed to the optimism surrounding President Trump's inauguration and the continued bullish sentiment towards cryptocurrencies. Among them, Bitcoin dominated, attracting $1.9 billion in inflows, while Ethereum also recorded $246 million in inflows. In addition, Switzerland and Canada also saw inflows of $89 million and $13 million respectively, indicating regional growth potential.
Ace Hot Topic Analysis
Analysis
Last week, digital asset investment products saw inflows of $2.2 billion, the highest weekly inflow this year, driving total assets under management (AuM) to a record high of $171 billion. This inflow was mainly driven by optimism surrounding Trump's inauguration. Bitcoin dominated inflows, attracting $1.9 billion, bringing year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, offsetting net outflows since the beginning of the year. XRP recorded $31 million in inflows last week, bringing cumulative inflows to $484 million since mid-November 2024. In addition, Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating potential for regional growth.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration sparked optimism in the cryptocurrency market, driving $2.2 billion in inflows last week.
Bitcoin was the main beneficiary of the inflows, attracting $1.9 billion, bringing the total inflows for the year to $2.7 billion.
Ethereum also recorded $246 million in inflows, making up for net outflows since the beginning of the year.
Inflows from regions like Switzerland and Canada also show the potential for regional growth.