Digital Asset Fund Flows | January 20th 2025
2 min read
Trump Euphoria prompts inflows of US$2.2bn with total AuM at all-time high
Digital asset investment products recorded inflows of US$2.2bn last week amid the Trump inauguration euphoria, the largest week of inflows so far this year.
Bitcoin saw US$1.9bn inflows bringing YTD inflows to US$2.7bn. Unusually, despite the recent price rises, we have seen minor outflows from short-positions.
XRP saw a further US$31m inflows last week, bringing its total inflows since mid-November 2024 to an astonishing US$484m.
Digital asset investment products recorded inflows of US$2.2bn last week amid the Trump inauguration euphoria, the largest week of inflows so far this year, bringing year-to-date (YTD) inflows to US$2.7bn. Recent price rises have pushed total assets under management (AuM) to US$171bn, a new all-time high. Trading volumes on ETPs globally remain high at US$21bn last week, representing 34% of total bitcoin trading volumes on trusted exchanges.
Regionally, the US saw US$2bn of the inflows, but healthy inflows were also seen in Switzerland and Canada, with US$89m and US$13m respectively.
Bitcoin saw US$1.9bn inflows bringing YTD inflows to US$2.7bn. Unusually, despite the recent price rises, we have seen minor outflows from short-positions of US$0.5m, while we typically see inflows after such positive price momentum.
Ethereum saw inflows totalling US$246m last week, correcting the outflows it had seen this year so far, although it remains the poorest performer from a flow perspective so far this year. Regardless, it dwarfs Solana’s US$2.5m inflows last week.
XRP saw a further US$31m inflows last week, bringing its total inflows since mid-November 2024 to an astonishing US$484m. Minor inflows of US$2.1m in Stellar but little other altcoin activity.