In a recent report by crypto asset manager CoinShares, it was revealed that institutional investors showed a strong interest in digital asset investment vehicles in anticipation of Donald Trump’s inauguration. The report stated that over $2 billion flowed into these investment products just last week, marking it as the largest week of inflows so far this year. This surge brought year-to-date inflows to a total of $2.8 billion. As a result, total assets under management (AuM) reached a new all-time high of $171 billion, fueled by recent price increases in the market.
The United States led the way in terms of inflows, accounting for $2 billion, while Switzerland and Canada also saw notable additions of $89 million and $13 million, respectively. Bitcoin (BTC) investment vehicles continued to dominate the market, attracting $1.9 billion in inflows. Interestingly, there were minor outflows from short positions amounting to $0.5 million, a departure from the usual trend of inflows following positive price momentum.
Ethereum (ETH) also experienced a significant influx of $246 million, reversing the trend of poor outflows that had been observed for most of the year. This surge in inflows far exceeded those seen in Solana, which only received $2.5 million in investments. Additionally, XRP products saw inflows of $31 million, further indicating the growing interest in digital assets among institutional investors.
CoinShares’ report highlighted the robust trading volumes on exchange-traded products (ETPs) globally, totaling $21 billion last week, representing 34% of total bitcoin trading volumes on trusted exchanges. This data underscores the increasing popularity of digital asset investment vehicles among institutional players seeking exposure to the cryptocurrency market.
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