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Crypto ETFs attract $1.9B amid Trump's first week

Crypto ETFs attract $1.9B amid Trump's first week

GrafaGrafa2025/01/28 05:30
By:Isaac Francis

In the week following President Donald Trump's inauguration, cryptocurrency investment products experienced significant inflows, totaling nearly $2 billion.

This surge reflects a growing interest in digital assets as attitudes toward emerging technologies shift in Washington, D.C.

According to CoinShares data, Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) exchange-traded funds (ETFs) attracted $1.9 billion during the seven days ending January 25, marking a slight decline of 13% from the previous week.

Notably, Bitcoin accounted for more than 80% of these inflows, bringing in approximately $1.6 billion.

So far this year, investors have funneled $4.8 billion into digital asset products.

James Butterfill, Head of Research at CoinShares, noted that interest in these products surged after Trump’s inauguration.

The crypto market saw a rebound as Bitcoin prices briefly exceeded $102,000, despite a prior dip below the $100,000 mark.

This recovery followed volatility linked to announcements from AI firm DeepSeek.

Trump's administration has signaled a supportive stance towards cryptocurrencies, with the president signing an executive order aimed at establishing a Presidential Working Group on Digital Asset Markets.

This initiative includes exploring a national Bitcoin reserve and indicates a potential shift in regulatory approaches.

“As a result of recent presidential executive orders that proposed the initiation of a strategic reserve asset in Bitcoin… trading volumes were high,” Butterfill commented on the trading volumes.

While Bitcoin ETFs thrived, Ethereum products saw lower inflows, with only $205 million recorded last week.

Other cryptocurrencies like XRP (CRYPTO:XRP) and Solana (CRYPTO:SOL) also experienced reduced interest compared to prior weeks.

Overall, the divergence in performance between Bitcoin and Ethereum ETFs highlights shifting investor sentiment within the cryptocurrency market.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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