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According to a CoinShares survey, institutional interest in digital assets increased last week. The cryptocurrency asset management disclosed that the excitement around Donald Trump’s inauguration caused investment vehicles to see a record-breaking influx of $2.2 billion in a single week.
CoinShares’ Digital Asset Fund Flows report highlighted that last week’s inflows pushed total year-to-date investments to $2.8 billion. The company noted, “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.”
This wave of investments brought the total assets under management (AuM) for digital asset funds to an unprecedented $171 billion. Additionally, exchange-traded product (ETP) trading volumes reached $21 billion, accounting for 34% of all Bitcoin trading activity on trusted exchanges.
The majority of inflows came from the U.S., contributing $2 billion. Switzerland and Canada followed, adding $89 million and $13 million, respectively.
Bitcoin (BTC) investment products dominated the market, attracting $1.9 billion in inflows. Interestingly, minor outflows of $0.5 million were observed in short Bitcoin positions, a trend uncommon during positive price momentum.
Ethereum (ETH) also performed well, reversing a year-long streak of outflows with $246 million in inflows during the same period. “Regardless, it dwarfs Solana’s US$2.5m inflows last week,” CoinShares noted, emphasizing Ethereum’s dominant position over other altcoins.
Other digital assets also benefited from the market’s optimism. XRP products recorded $31 million in inflows, signaling growing investor interest in a variety of blockchain technologies.
This surge in institutional investment underscores the growing confidence in digital assets, even amid a volatile market. CoinShares’ findings suggest that the crypto industry is increasingly being recognized as a legitimate asset class by large-scale investors.
With total assets under management reaching new highs, this level of institutional engagement may pave the way for continued growth and innovation in the cryptocurrency space.