Trump buzz drives $2.2B inflow, setting new records for Bitcoin and AUM

The crypto market has recorded its highest weekly inflow this year, reaching an impressive $2.2 billion.

According to the latest CoinShares report , this influx of capital was fueled by growing excitement around Donald Trump’s Jan. 20 inauguration. The firm noted that the surge pushed total year-to-date inflows to $2.8 billion.

This influx has also pushed assets under management (AUM) to a record high of $171 billion. The surge coincided with Bitcoin’s impressive performance , with the flagship crypto climbing nearly 20% over the past week to hit an all-time high near the $110,000 mark.

Meanwhile, the market also experienced a corresponding spike in exchange-traded product (ETP) trading volumes, which reached $21 billion last week.

James Butterfill, CoinShares head of research, pointed out that this number accounted for 34% of Bitcoin’s trading activity on leading exchanges. This robust number highlights growing institutional interest and the increasing mainstream adoption of crypto.

Bitcoin and XRP shine

Bitcoin continued its dominance, securing $1.9 billion in inflows last week and bringing its total for the year to $2.7 billion.

The report highlighted that spot Bitcoin ETFs, offered by key players like BlackRock , Fidelity , Ark Invest , and Bitwise , collectively attracted over $2.1 billion in inflows. The inflows are seen as a positive response to market optimism about supportive regulatory policies expected under the incoming administration.

Chart Showing Crypto ETF Providers Flows. (Source: CoinShares)

Interestingly, short-Bitcoin products registered modest inflows of $500,000, a surprising deviation from typical bearish behavior during bullish trends.

Meanwhile, Ethereum drew $246 million in inflows, marking a reversal of its previous outflows this year. However, the second-largest crypto continues to underperform in comparison to its peers.

Butterfill noted that Ethereum remains the weakest performer this year from an inflow perspective despite significantly outpacing Solana , which brought in $2.5 million last week.

Chart Showing Crypto Asset Flows. (Source: CoinShares)

On the other hand, XRP has proven to be a standout performer, attracting $31 million in inflows last week. Since mid-November 2024, XRP’s total inflows have reached an impressive $484 million, underscoring its growing appeal to investors.

Stellar followed with smaller inflows of $2.1 million, while other altcoins showed little activity during the period.

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