#Crypto fund inflows hit $2.2 billion#

Last week, digital asset investment products recorded inflows of $2.2 billion, the highest weekly inflow this year, bringing total assets under management (AuM) to a record high of $171 billion. The inflow surge was primarily driven by optimistic sentiment surrounding the inauguration of Donald Trump, with Bitcoin dominating inflows, attracting $1.9 billion and bringing total inflows for the year to $2.7 billion. Ethereum saw inflows of $246 million last week, offsetting net outflows since the beginning of the year. Additionally, Switzerland and Canada recorded inflows of $89 million and $13 million, respectively, indicating regional growth potential. It is noteworthy that despite significant inflows into Bitcoin and Ethereum, some Ethereum ETFs experienced net outflows. For example, Grayscale saw an outflow of 5,707 ETH, bringing its current holding to 1,391,098 ETH, equivalent to approximately $4.61 billion.