🚀 Crypto Inflows Hit $1.98B Post-Election!
Crypto markets just recorded a massive $1.98 billion in inflows last week, marking the fifth straight week of rising investment and pushing total crypto assets under management to an all-time high of $116 billion. This post-election momentum is supercharging Bitcoin and Ethereum ETFs, with Bitcoin alone attracting $1.8 billion of last week’s inflows and hitting record highs above $80K.
Much of this action is driven by the U.S. market, which saw $1.95 billion in inflows. This surge reflects the combination of a favorable macro backdrop and heightened optimism post-election, according to CoinShares’ James Butterfill.
Bitcoin continues to be the prime driver, with U.S. spot Bitcoin ETFs leading the pack since the Fed’s September rate cut. BTC products have now amassed $9 billion in inflows in just two months, underscoring Bitcoin’s role as the centerpiece of the current rally.
Ethereum isn’t far behind; Ether ETFs saw a record $157 million in inflows, marking their strongest week since launch. Meanwhile, altcoins like Solana, Uniswap, and Tron are attracting new interest, with Solana seeing $3.9 million in inflows.
With crypto prices climbing and interest from both retail and institutional investors growing, the market looks primed for continued bullish momentum.
Are we entering the next bullrun?
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