Crypto products hit record YTD inflows of $31.3b

According to data from CoinShares, crypto investment products saw approximately $2 billion in inflows post-election, and year-to-date inflows have reached a record $31.3 billion.

Crypto investment products recorded inflows of $1.98 billion following last week’s U.S. elections, pushing year-to-date inflows to a record $31.3 billion and global assets under management to an all-time high of $116 billion, CoinShares reported on Monday, Nov. 11. took it out. .

This marks the fifth week in a row; The USA leads the regional interest with 1.95 billion dollars, followed by Switzerland (23 million dollars) and Germany (20 million dollars).

Bitcoin led the inflows last week, attracting $1.8 billion, bringing its net inflow to $9 billion since the US Federal Reserve’s interest rate cut in September. James Butterfill, head of research at CoinShares, said the increase reflects investor optimism driven by positive macroeconomic conditions and changing US political dynamics.

“The combination of a supportive macro environment and seismic shifts in the US political system are the likely reason for such supportive investor sentiment.”

James Butterfill

Ethereum (ETH) also saw significant activity, with $157 million inflows; This marks the exchange-traded funds’ biggest weekly figure since their launch in July and suggests renewed interest.

Alternative cryptocurrencies also showed gains; Solana (SOL), Uniswap (UNI) and TRON (TRON) achieved inflows of $3.9 million, $1 million and $0.5 million respectively. Blockchain stocks pulled in $61 million, showing increased interest in digital assets as trading volumes rose to $20 billion, the highest level since April.

Following Donald Trump’s recent presidential victory, many analysts expect increased activity among traditional investors in the crypto space and more cash flows into crypto-focused exchange-traded funds. Gemini co-founder Cameron Winklevoss recently expressed optimism behind Bitcoin’s recent price rise, saying the positive dynamic was likely triggered by “stable ETF demand.” He also hinted that the real rally has just begun and expects further growth up to $100,000.

As of press time, Bitcoin continues to surpass previous all-time highs, reaching a new high above $82,000.