The amount of money flowing into digital asset funds has reached a new all-time high of $138 billion, according to a report from CoinShares. Investors contributed $2.2 billion to such funds last week alone. The surge in investing activity is attributed to a combination of looser monetary policy and the recent U.S. elections. Most of the money has been focused on U.S.-listed spot ETFs, which give investors exposure to Bitcoin. The approval of 11 new spot Bitcoin ETFs by the SEC in January has allowed investors, from hedge funds to retail investors, to invest in cryptocurrency in a streamlined and regulated manner. The report also highlights the increased enthusiasm around Ethereum, with $646 million invested in products giving exposure to the coin last week. The surge in investment follows the Republican presidential victory and promises made by President-elect Trump to support the digital asset industry.



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