Donald Trump's proposal for a strategic crypto reserve has led to a surge in investments in exchange-traded cryptocurrency products (ETPs), with $1.9 billion in inflows recorded last week, according to CoinShares. This marks the third consecutive week of rising investments and brings the total for the year to $4.7 billion. Bitcoin ETPs dominated the market, attracting $1.6 billion in inflows, while assets under management for all crypto ETPs have reached $171 billion. BlackRock led among ETP issuers, securing $1.5 billion in weekly inflows, while Grayscale faced challenges with $124 million in outflows. Overall, the steady growth reflects increasing confidence in the crypto market and the expanding influence of digital assets on global finance.
Content Editor ( cryptonewsland.com )
- 2025-01-28
Trump’s Crypto Push Sparks $1.9B Inflows and Sustains ETP Growth Streak
