After the US election, digital asset investment products attracted $1.98 billion in inflows, marking the fifth consecutive week of positive inflows. This resulted in year-to-date total inflows to hit a new record of $31.3 billion.<\/p>\n
Global assets under management also hit an all-time high of $116 billion following recent price increases. Trading volumes surged by $20 billion, the highest since April, though not a new record.<\/p>\n
According to the latest edition of CoinShares\u2019 Digital Asset Fund Flows Weekly Report<\/a>, Bitcoin saw $1.8 billion in inflows, bringing the total to $9 billion since the US Federal Reserve\u2019s first interest rate cut of the cycle in September.<\/p>\n The supportive macro environment, alongside major shifts<\/a> in the US political system, is believed to have contributed to the strong investor sentiment, as per the asset manager.<\/p>\n Ethereum also saw inflows of $157 million last week after a period of underperformance. In fact, this was the biggest inflow since the July spot Ether ETF launches, indicating a significant improvement in market sentiment toward the cryptocurrency. Next up was multi-asset products, with inflows of $23.4 million over the past week.<\/p>\n Several other altcoins experienced inflows, led by Solana with $3.9 million and Uniswap with $1 million. XRP and Tron each saw inflows of $0.5 million, while Litecoin and Cardano had smaller inflows of $0.2 million and $0.1 million, respectively. Blockchain equities also saw inflows totaling $61 million.<\/p>\n During the same period, short-Bitcoin products experienced outflows of $2.7 million, marking the only cohort of digital asset investment products to see negative movement. While the broader market saw strong inflows, the outflows from short-Bitcoin products suggest that investors were positioning themselves more cautiously or betting on further price appreciation.<\/p>\n The US led regionally with inflows of $1.95 billion, followed by Europe, where Switzerland and Germany saw inflows of $23 million and $20 million, respectively. Sweden, however, saw outflows of $25.7 million.<\/p>\n Zooming out, Australia and Brazil attracted $6 million and $3.7 million in inflows over the past week. On the other hand, Canada and Hong Kong experienced modest outflows of $1.7 million and $0.8 million, respectively.<\/p>\n The post Post-Election Market Boost: Crypto Inflows Near $2 Billion<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" After the US election, digital asset investment products attracted $1.98 billion in inflows, marking the fifth consecutive week of positive inflows. This resulted in year-to-date total inflows to hit a new record of $31.3 billion. Global assets under management also hit an all-time high of $116 billion following recent price increases. Trading volumes surged by […]<\/p>\n","protected":false},"author":0,"featured_media":19522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-19521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19521"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19521"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/19521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/19522"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}US Leads Regional Inflows<\/h2>\n