#Crypto fund inflows hit $2.2 billion#
Hot Topic Overview
Overview
Last week, crypto fund inflows reached $2.2 billion, marking the highest weekly inflow this year, and total assets under management (AuM) also climbed to a record high of $171 billion. This phenomenon is believed to be linked to the market optimism sparked by Trump's inauguration. Bitcoin saw the largest inflows, reaching $1.9 billion, followed by Ethereum with $246 million and XRP with $31 million. In addition, Switzerland and Canada recorded inflows of $89 million and $13 million respectively, demonstrating regional growth potential.
Ace Hot Topic Analysis
Analysis
Last week, digital asset investment products saw inflows of $2.2 billion, marking the highest weekly inflow this year and pushing total assets under management (AuM) to a record high of $171 billion. The inflow was largely driven by positive sentiment surrounding President Trump's inauguration. Bitcoin dominated the inflows, attracting $1.9 billion, bringing its year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, making up for net outflows earlier in the year. XRP recorded inflows of $31 million last week, bringing its cumulative inflows since mid-November 2024 to $484 million. Additionally, Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating potential regional growth. Notably, while Bitcoin ETFs saw net inflows of 5,312 BTC, Ethereum ETFs saw net outflows of 956 ETH, suggesting a divergence in investor investment strategies across different cryptocurrencies.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration sparked optimism that fueled inflows into crypto funds, setting a new weekly record for the year.
Bitcoin was the main target of inflows, attracting $1.9 billion and further boosting its price.
Ethereum also saw significant inflows, offsetting net outflows since the beginning of the year, showing investor confidence in its future.
Total assets under management (AuM) of crypto funds reached a new all-time high, reflecting the growing interest of institutional investors in the crypto market.