#Crypto fund inflows hit $2.2 billion#

Last week, digital asset investment products recorded inflows of $2.2 billion, the highest weekly inflow of the year, bringing total assets under management (AuM) to a new all-time high of $171 billion. This inflow was primarily driven by positive sentiment surrounding President Trump's inauguration. Of this, $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. It is noteworthy that despite the $246 million inflow into Ethereum last week, it remains in net outflow territory year-to-date. Additionally, global crypto funds managed by institutions such as BlackRock recorded a net inflow of $2.2 billion last week, pushing the assets under management (AUM) for crypto funds to a record high of $171 billion.