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Massive investment flows into digital assets have marked a record-setting week with inflows totaling $2.2 billion driven by enthusiasm around the recent Trump inauguration. Last week’s investments are the highest of the year pushing total assets under management to a new peak of $171 billion. Bitcoin led the charge with a significant $1.9 billion added to its coffers
Amidst a general uptick in the market Ethereum reversed its earlier losses by attracting $246 million in fresh capital though it lags behind in overall yearly performance. Meanwhile XRP continued its impressive streak with $31 million in new investments bringing its total since mid-November to $484 million
The US dominated the scene with $2 billion in inflows while Switzerland and Canada also showed strong performances contributing $89 million and $13 million respectively. This trend underscores a robust global confidence in cryptocurrency as a viable and lucrative asset class.
