Bitcoin and Ethereum ETFs reach new record, attracting billions of USD in investment
The inflow of money into cryptocurrency investment funds is increasing sharply, reaching an unprecedented high. According to a report from CoinShares, the total assets under management (AUM) of cryptocurrency-related investment funds have now reached 138 billion USD, thanks to an investment of 2.2 billion USD in just the past week.
Most of this capital is concentrated in spot Bitcoin ETFs listed in the US. These are products managed by major companies such as BlackRock, Fidelity, and Grayscale, allowing investors to access Bitcoin easily and legally. Since the US Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs in January, the cryptocurrency market has witnessed a strong influx of capital from both large investment funds and retail investors.
In particular, Donald Trump's victory in the recent election is also seen as an important catalyst. Bitcoin has surged to a new record high above 93,000 USD, thanks to investor optimism regarding the cryptocurrency support policies that Trump promised during his campaign.
Not only Bitcoin, but Ethereum has also attracted significant interest. Investment products related to Ethereum have received an additional 646 million USD in the past week, making it the second-largest digital asset in terms of investment inflow.
This indicates a strong shift from traditional funds to cryptocurrency investments, marking an important turning point in the development of the digital asset market.