#Crypto funds saw inflows of $2.2 billion.#
Hot Topic Overview
Overview
Last week, digital asset investment products saw inflows of $2.2 billion, the highest weekly inflow this year, bringing total assets under management (AuM) to a record high of $171 billion. This surge was primarily driven by the inauguration of Donald Trump, with Bitcoin attracting the lion's share of inflows at $1.9 billion, bringing its year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, offsetting net outflows since the start of the year. XRP recorded $31 million in inflows last week, bringing its cumulative inflows to $484 million since mid-November 2024. Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating potential for regional growth.
Ace Hot Topic Analysis
Analysis
Last week, digital asset investment products saw inflows of $2.2 billion, the highest weekly inflow this year, pushing total assets under management (AuM) to a record high of $171 billion. This phenomenon is attributed to the market optimism sparked by the inauguration of President Trump. Bitcoin dominated inflows, attracting $1.9 billion, bringing year-to-date inflows to $2.7 billion. Ethereum witnessed $246 million inflows last week, offsetting net outflows seen earlier this year. XRP saw $31 million inflows last week, bringing total inflows since mid-November 2024 to $484 million. Switzerland and Canada recorded $89 million and $13 million inflows respectively, highlighting regional growth potential.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration sparked optimism that drove inflows into crypto funds, setting a new record.
Bitcoin was the main beneficiary, attracting $1.9 billion in inflows.
Ethereum also saw inflows, offsetting net outflows from the start of the year.
Inflows from regions like Switzerland and Canada indicate regional growth potential.