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The return of Donald Trump to the presidency has brought on a wave of enthusiasm within the digital asset market, with institutional traders making daring bets on cryptocurrencies like XRP and Solana. This pattern is famous by the CoinShares’ Digital Asset Fund Flows Weekly Report, which reveals a historic inflow of funds into the crypto market with whole belongings beneath administration (AuM) now at a brand new all-time excessive.
Trump Euphoria Sparks Report-Breaking Inflows
It has been only some weeks into 2025, however funding funds tied to cryptocurrencies are already pulling in loopy numbers which might be a tease of what’s to return all year long. In response to knowledge from CoinShares, crypto asset funding funds witnessed inflows of $2.2 billion final week, the most important influx up to now this yr. Notably, this marks a rise of about 4,480% from the $48 million in web inflows that the funds acquired within the earlier week.
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The huge improve in fund inflows was attributable to a euphoria surrounding Donald Trump’s incoming administration, which many are anticipating to be favorable in direction of the crypto business. This euphoria drove the whole AuM in crypto funds to $171 billion on the finish of final week, which can be its highest worth ever.
Unsurprisingly, Bitcoin was the standout performer. By way of circulation, Bitcoin noticed $1.9 billion in web inflows, bringing its YTD whole to $2.7 billion in three weeks. Bitcoin additionally noticed outflows of about $0.5 million from brief positions, additional relaying the bullish sentiment.
The outflow from short-Bitcoin funds may be very stunning, given they have an inclination to obtain inflows throughout worth rallies, as proven by flows in earlier weeks. Buying and selling volumes on exchange-traded merchandise (ETPs) additionally soared to $21 billion, accounting for 34% of Bitcoin’s buying and selling quantity on trusted exchanges.
Huge Gamers Guess Huge On XRP And Solana
XRP and Solana are two stunning standout performers amidst the final inflows. These are usually not stunning, as there have been information headlines flying round through the week that the Trump administration is probably going going to prioritize cryptocurrencies created within the US like XRP and Solana.
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XRP continues to garner vital consideration, recording $31 million in inflows final week alone. Since mid-November 2024, XRP has gathered a powerful $484 million in whole inflows. This run of inflows reveals that XRP is having a rising attraction amongst institutional traders, which is relayed via its worth motion over the previous few months. XRP now finds itself buying and selling near its all-time excessive of $3.40, having just lately reached an intraday excessive of $3.34 up to now 24 hours.
Solana’s funds additionally witnessed $2.5 million in inflows final week. This quantity is projected to extend considerably by the following report, given the success of the Official Trump meme coin, which was launched on the Solana community.
Regionally, the USA dominated inflows with $2 billion, adopted by Switzerland at $89 million and Canada at $13 million. Additionally, Ethereum noticed inflows of $246 million final week to reverse earlier outflows. Nevertheless, Ethereum is nonetheless the poorest performer amongst main belongings when it comes to fund flows this yr with $28 million in outflow.
Featured picture from Medium, chart from Tradingview.com
