#Crypto fund inflows totaled $2.2 billion.#
Hot Topic Overview
Overview
Last week, crypto fund inflows reached $2.2 billion, a new weekly high for the year, pushing total assets under management (AuM) to a record high of $171 billion. This was mainly driven by market optimism spurred by the Trump inauguration, with Bitcoin seeing inflows of $1.9 billion, Ethereum $246 million, and XRP $31 million. Additionally, 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 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 inflow was primarily driven by optimistic sentiment surrounding President Trump's inauguration. Of the total, $1.9 billion flowed into Bitcoin, $246 million into Ethereum, and $31 million into XRP. Switzerland and Canada saw inflows of $89 million and $13 million respectively, indicating regional growth potential. This inflow also reflects investors' continued interest in cryptocurrencies and their optimistic outlook on the future market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's inauguration fueled optimism that drove inflows into crypto funds, setting a record for the highest weekly inflow this year.
Bitcoin was the main driver of inflows, attracting $1.9 billion, while Ethereum also saw inflows of $246 million.
Crypto funds' total assets under management (AuM) reached a record high of $171 billion.
Switzerland and Canada also saw inflows, indicating potential for regional growth.