Trump buzz drives $2.2B inflow, setting new records for Bitcoin and AUM
The crypto market experienced its highest weekly inflow of $2.2 billion this year, driven by excitement surrounding Donald Trump's inauguration. Year-to-date inflows reached $2.8 billion, raising assets under management to a record $171 billion. Bitcoin surged nearly 20% to an all-time high near $110,000, securing $1.9 billion in inflows last week, totaling $2.7 billion for the year. Spot Bitcoin ETFs attracted over $2.1 billion, reflecting optimism about regulatory support. Ethereum saw $246 million in inflows, reversing previous outflows but still underperforming compared to peers. XRP attracted $31 million in inflows, totaling $484 million since mid-November 2024. Short-Bitcoin products recorded modest inflows of $500,000, and Stellar saw $2.1 million in inflows, while other altcoins remained inactive.
