Telegram (AI) YouTube Facebook X
Ру
Crypto Funds' Assets Under Management Reach Record $171.5 Billion Ahead of Trump's Inauguration

Crypto Funds’ Assets Under Management Reach Record $171.5 Billion Ahead of Trump’s Inauguration

Between January 11 and 17, cryptocurrency investment funds saw inflows of $2.2 billion, following $44.2 million the previous week, according to CoinShares.

Experts cited “euphoria” ahead of the upcoming inauguration of Donald Trump as President of the United States as a driving factor.

1-1394
Data: CoinShares.

Alongside improving conditions in the cryptocurrency market, the AUM of products surged to $171.5 billion.

Bitcoin-based instruments attracted $1.9 billion, with $2.7 billion since the start of the year.

Clients withdrew $0.5 million from structures allowing short positions on digital gold.

Investors directed $246.2 million into Ethereum funds, nearly offsetting the sharp outflow of $255.6 million the previous week.

Inflows into XRP-based products slowed from $41.2 million to $30.8 million. Since mid-November, inflows have reached $484 million.

Competitors based on Chainlink, Solana, and Stellar attracted $2.8 million, $2.5 million, and $2.1 million, respectively.

2-998
Data: CoinShares.

According to JPMorgan, inflows into potential spot exchange-traded funds for SOL and XRP could surpass those of Ethereum instruments within six months of launch, reaching $3-6 billion and $4-8 billion, respectively.

The deadline for the preliminary decision by the SEC on Solana-ETF applications from VanEck, 21Shares, Canary, Bitwise, and Grayscale is January 23-25.

The regulator is also reviewing forms from potential issuers of exchange-traded XRP products, including Bitwise and 21Shares.

Earlier, several experts expressed confidence in the emergence of spot Solana-ETFs by the end of 2025.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK