Litecoin

Uniswap

Billion

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 $20 billion, the highest since April, though not a new record.
<h2 id="market-bullishness-puts-pressure-on-short-bitcoin-products">Market Bullishness Puts Pressure on Short-Bitcoin Products</h2>
According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly <a href="https://blog.coinshares.com/volume-208-digital-asset-fund-flows-weekly-report-20c547f8f8ef" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">Report</a>, Bitcoin saw $1.8 billion in inflows, bringing the total to $9 billion since the US Federal Reserve’s first interest rate cut of the cycle in September.
The supportive macro environment, alongside major <a href="https://cryptopotato.com/election-euphoria-sparks-2-2-billion-inflows-with-bitcoin-as-the-sole-beneficiary/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">shifts</a> in the US political system, is believed to have contributed to the strong investor sentiment, as per the asset manager.
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.
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.
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.
<h2 id="us-leads-regional-inflows">US Leads Regional Inflows</h2>
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.
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.
The post <a href="https://cryptopotato.com/post-election-market-boost-crypto-inflows-near-2-billion/" rel="noopener noreferrer nofollow">Post-Election Market Boost: Crypto Inflows Near $2 Billion</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Post-Election Market Boost: Crypto Inflows Near $2 Billion

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