Excitement over pro-crypto Trump drives $2.2B into digital assets – Common units of fractional undivided beneficial interest in Grayscale Bitcoin Mini Trust (BTC) (ARCA: BTC)

Driven by market optimism, digital asset investment products recorded $2.2 billion in inflows last week Donald Trumpof the inauguration ceremony.

what happened: Total assets under management rose to a record $171 billion, recording the largest weekly inflows this year.

according to a coin stocks The report stated that the substantial growth in digital asset investment was attributed to investor enthusiasm for Trump’s inauguration on Monday, January 20.

Last week, inflows hit a yearly high of $2.2 billion, bringing year-to-date (year-to-date) inflows to $2.8 billion.

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Total assets under management (AuM) of digital asset products also hit a record high of $171 billion.

Bitcoin Bitcoin/USD Led inflows, attracting $1.9 billion, bringing its year-to-date inflows to $2.7 billion.

“Bitcoin’s performance remains the dominant force in the market, with massive institutional interest driving record inflows,” the report states.

ripple Ripple/USD Inflows also increased significantly last week by $31 million. This brings total inflows since mid-November 2024 to $484 million.

Ethereum Ethereum/USDAfter weeks of outflows, the company managed to attract $246 million in funding, although it remains one of the weaker performers in year-to-date traffic data.

Unusually, short Bitcoin products saw small outflows of $500,000 despite rising prices, in stark contrast to the typical trend of short positions attracting inflows during periods of rising price momentum.

Regionally, the United States accounted for the largest share of inflows, contributing $2 billion.

Switzerland and Canada followed, with inflows of US$89 million and US$13 million respectively.

Last week, global exchange-traded product (ETP) trading volume soared to $21 billion, accounting for 34% of Bitcoin trading volume on trusted exchanges.

why it’s important: President Trump’s pro-crypto stance bodes well for the industry.

“Trump’s inauguration appears to have revived market sentiment, driving unprecedented inflows. Investors are clearly optimistic about the government’s potential cryptocurrency policy,” said CoinShares head of research. James Butterfieldexplain.

The report also highlights the impact on the broader market, suggesting that the surge reflects growing institutional confidence in digital assets.

“We are seeing strong signals that institutional players are increasingly considering digital assets as an important part of their portfolios,” Butterfield added.

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