With $1.9 billion in inflows, Trump’s crypto executive order boosts investor confidence in digital assets.
Coinshares: Digital Assets See $1.9 Billion Inflow as Investors Respond to Trump’s Executive Orders
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
Positive Signal for Digital Assets with Almost $2 Billion in Inflows
The total inflows into digital assets reached $1.858 billion over the past week, largely influenced by the recent executive orders by President Trump suggesting the creation of a strategic reserve asset in bitcoin.
According to Coinshares weekly report, $1.59 billion came into bitcoin, $204.7 million into ether, and $18.5 million into XRP. Inflows for Solana, Chainlink, and Polkadot were $6.8 million, $6.6 million, and $2.6 million, respectively.
This brought total year-to-date inflows for all digital assets to $4.8 billion with $25 billion in trading volume for the week. Bitcoin‘s year-to-date inflow stood at $4.4 billion, accounting for 92% of all inflows into digital asset products.
The country breakdown of the inflows into digital assets saw the U.S. record inflows of $1.7 billion. The positive sentiment from the executive order was reflected in the notable inflows in Switzerland, Canada, and Germany, with inflows of $35 million, $31 million, and $23 million, respectively.
This significant inflow reechoed investors’ confidence in a bullish market for digital asset products under President Trump’s administration.
