Digital Asset Inflows Surge to $2.2B Amid Trump Inauguration Excitement
Amid the excitement over Donald Trump’s inauguration, digital asset investment products attracted $2.2 billion in inflows last week, marking the largest weekly inflows of the year and bringing YTD totals to $2.8 billion. Rising asset prices have elevated total assets under management (AuM) to an unprecedented $171 billion.
ETP trading volumes across the globe also remained substantial at $21 billion, equating to 34% of trusted exchange bitcoin trading volumes.
Trump Euphoria Inflows
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, Bitcoin recorded $1.9 billion in inflows last week. The latest figure pushed its year-to-date (YTD) inflows to $2.7 billion. Interestingly, despite the recent price increases, there were small outflows of $0.5 million from short positions, which contrasts with the typical inflows observed during periods of positive price momentum.
Ethereum experienced inflows of $246 million, reversing its year-to-date outflows, though it remains the weakest performer in terms of flows this year. Still, these figures overshadow Solana’s modest $2.5 million in inflows.
XRP added $31 million in inflows last week, bringing its total since mid-November 2024 to an…
