Crypto Fund Assets Reach Record $173.3 Billion

Between January 18 and 24, cryptocurrency investment funds received $1.9 billion following $2.2 billion the previous week, according to data from CoinShares. 

Analysts cited the signing of an executive order by the US President to establish a working group on digital asset markets as a driving factor. Among its tasks is the assessment of the “potential for forming and maintaining a national cryptocurrency reserve.” 

The AUM of products increased to $173.3 billion.

Bitcoin-based instruments attracted $1.6 billion, with $4.4 billion since the start of the year.

Clients added $5.1 million to structures allowing short positions on digital gold.

Investors directed $204.7 million into Ethereum funds, following $246.2 million the previous week.

Inflows into XRP-based products slowed from $30.8 million to $18.5 million.

Competitors based on Solana, Chainlink, and Polkadot attracted $6.9 million, $6.6 million, and $2.6 million respectively.

According to JPMorgan, inflows into potential spot ETFs on SOL and XRP could surpass the performance of Ethereum instruments within six months of launch, reaching $3-6 billion and $4-8 billion respectively.

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