#Crypto fund inflows totaled $2.2 billion.#
Hot Topic Overview
Overview
Digital asset investment products saw inflows of $2.2 billion last week, the highest weekly inflow this year, bringing total assets under management (AuM) to a record high of $171 billion. This was mainly driven by market optimism sparked by President Trump's inauguration, with Bitcoin leading the inflows with $1.9 billion, bringing year-to-date inflows to $2.7 billion. Ethereum saw inflows of $246 million last week, offsetting net outflows from the beginning of the year. XRP saw inflows of $31 million last week, bringing total inflows since mid-November 2024 to $484 million. Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating regional growth potential.
Ace Hot Topic Analysis
Analysis
Last week, crypto fund inflows reached $2.2 billion, marking the highest weekly inflow of the year, and total assets under management (AuM) also hit a record high of $171 billion. This phenomenon is mainly attributed to the market optimism triggered by Trump's inauguration. Bitcoin dominated inflows, attracting $1.9 billion, bringing its year-to-date inflow 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 its total inflow 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.
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 primary beneficiary of the inflow, attracting $1.9 billion in funds.
Ethereum also saw inflows, although on a smaller scale, offsetting net outflows from the beginning of the year.
Inflows from regions like Switzerland and Canada suggest regional growth potential.