Crypto ETPs see $2.2B in inflows amid Trump inauguration euphoria
The euphoria around the inauguration of US President-elect Donald Trump drove the massive $2.2 billion in inflows to crypto ETPs last week.
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The euphoria around the inauguration of US President-elect Donald Trump drove the massive $2.2 billion in inflows to crypto ETPs last week.
The post-US election honeymoon is likely over as macroeconomic data is once again a key driver of crypto ETPs, CoinShares’ James Butterfill said.
Canadian spot Bitcoin ETF investors have been flocking to more liquid US alternatives, triggering the largest crypto ETF outflows in Canada’s history.
US spot Bitcoin ETFs have contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.
Spot Ether ETFs racked up $224.9 million in net inflows over the last four trading days — around $190 million more than the spot Bitcoin […]
Fidelity’s spot Ether ETF led the pack with $115.5 million worth of inflows on Nov. 11, while BlackRock, Grayscale and Bitwise’s Ether ETFs also saw […]
Inflows indicate cryptocurrency entering an exchange, reflecting demand, while outflows show funds leaving, signaling selling pressure or profit-taking.
The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD.
CoinShares said the United States and Bitcoin led crypto investment product dynamics last week amid growing optimism over a potential Republican election win in the […]
According to CoinShares, last week’s increase in crypto investment products was influenced by the upcoming US elections rather than monetary policy outlooks.
