Crypto:
33915
Bitcoin:
$96.298
% 1.86
BTC Dominance:
%60.3
% 0.00
Market Cap:
$3.12 T
% 3.54
Fear & Greed:
55 / 100
Bitcoin:
$ 96.298
BTC Dominance:
% 60.3
Market Cap:
$3.12 T

$2.2 Billion Inflow into Crypto Funds: High Demand for XRP

Crypto Fund

Donald Trump’s presidential campaign has also made an impact on crypto funds, sparking excitement among investors.

The funds wrapped up the past week with a net influx of $2.2 billion. Bitcoin took the largest share of investments, while interest in XRP and other altcoins also stands out.

According to CoinShares‘ weekly crypto fund report, the funds saw a total of $2.2 billion in investments. During this period, Bitcoin alone saw a significant net inflow of $1.9 billion, while Ether funds received $246 million in net investment. These figures highlight the growing interest in the cryptocurrency market and indicate that investors continue to lean towards Bitcoin and Ether.

Strong Interest in XRP: Investment Surge Following Trump’s Election Victory

After Trump’s presidential victory, there was a notable increase in interest towards XRP funds. During this period, XRP funds saw a net investment of $30.8 million, with a total of $488 million in net investments since mid-November. XRP‘s growth of $500 million over the last two and a half months has drawn significant attention in the crypto market, reinforcing investor confidence in this asset class.

Other altcoin funds also received substantial investments. Chainlink funds attracted $2.8 million, while Solana funds saw $2.5 million in investments. Litecoin and Cardano funds experienced more modest investments, each receiving $500,000 in net inflows.

These investments show that the cryptocurrency market is diversifying, with investors beginning to explore other altcoins as well.

Among crypto funds, BlackRock took the most interest. BlackRock ETFs received a net investment of $897 million, maintaining its position as the largest fund company in the sector.

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Fidelity funds also performed strongly, attracting $680 million in investments.

However, Grayscale funds experienced a loss of $145 million over the week. Meanwhile, there was a small outflow of $500,000 from short-Bitcoin funds, indicating that investors are shying away from short-term positions.


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