Equity

Uniswap

TRON

Read

James

Crypto investment products saw nearly $2 billion in post-election inflows, pushing year-to-date inflows to a record $31.3 billion, according to data from CoinShares.
Crypto investment products recorded $1.98 billion in inflows following last week’s U.S. election, raising year-to-date inflows to a record $31.3 billion and bringing global assets under management to an all-time high of $116 billion, CoinShares <a href="https://blog.coinshares.com/volume-208-digital-asset-fund-flows-weekly-report-20c547f8f8ef" target="_blank" rel="noopener noreferrer nofollow">reported</a> on Monday, Nov. 11.
This marks the fifth consecutive week of inflows, with the U.S. leading regional interest at $1.95 billion, followed by Switzerland ($23 million) and Germany ($20 million).
Bitcoin led the inflows, attracting $1.8 billion last week and bringing its net inflows since the U.S. Federal Reserve’s rate cut in September to $9 billion. James Butterfill, CoinShares head of research, noted that the surge reflects investor optimism driven by favorable macroeconomic conditions and shifting U.S. political dynamics.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “A combination of a supportive macro environment and seismic shifts in the US political system being the likely reason for such supportive investor sentiment.”
 James Butterfill
</blockquote>
Ethereum (<a href="https://crypto.news/price/ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a>) also saw significant activity, with $157 million in inflows, marking its largest weekly figure since exchange-traded funds launched in July and indicating renewed interest.
You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/coinshares-crypto-investment-inflows-hit-record-29-2b-ytd/"> CoinShares: Crypto investment inflows hit record $29.2b YTD </a>
Alternative coins showed gains as well, with Solana (<a href="https://crypto.news/price/solana/" target="_blank" rel="noopener noreferrer nofollow">SOL</a>), Uniswap (<a href="https://crypto.news/price/uniswap/" target="_blank" rel="noopener noreferrer nofollow">UNI</a>), and TRON (<a href="https://crypto.news/price/tron/" target="_blank" rel="noopener noreferrer nofollow">TRON</a>) receiving $3.9 million, $1 million, and $0.5 million in inflows, respectively. Blockchain equities attracted $61 million, underscoring broader interest in digital assets as trading volumes climbed by $20 billion, the highest level since April.
Following Donald Trump’s recent presidential victory, many analysts expect increased activity among traditional investors in the crypto space, anticipating more cash infusion in crypto-focused exchange-traded funds. Gemini’s co-founder Cameron Winklevoss recently <a href="https://crypto.news/bitcoins-rally-to-80k-not-driven-by-retail-fomo-geminis-winklevoss-says/" target="_blank" rel="noopener noreferrer nofollow">expressed optimism</a> behind Bitcoin’s recent price surge, saying the positive dynamic was likely triggered by “steady ETF demand.” He also implied that the real rally has barely begun, anticipating further growth to $100,000.
As of press time, Bitcoin continues to surpass previous all-time highs, reaching a new peak above the $82,000 mark.
Read more: <a rel="noopener noreferrer nofollow" href="https://crypto.news/coinshares-adds-metaplanet-to-its-blockchain-global-equity-index/"> CoinShares adds Metaplanet to its Blockchain Global Equity Index </a>

CoinShares: Crypto products hit record YTD inflows of $31.3b

crypto.news

Other articles published on Nov 11, 2024

Crypto Experts Explain Yeti Ouro (YETIO)'s Rise To Fame! Dogecoin Price Predicted To Be Left Behind

FTX Sues Binance and CZ for $1.8 Billion; Alameda Research Targets Waves Founder

Sonic X Applayer Surpasses 1 Million KYC-Verified Users, Driving Massive Web3 Adoption on TikTok

Trump Wins, Now What's Next for Altcoins? ETF Expert Reveals His Prediction for XRP, Solana, and ...

Bitcoin And Crypto Assets About To Enter The Biggest Run In History

ETFSwap (ETFS) Price Prediction: Buying ETFS At $0.05769 Could Lead To 450x Gains For You In 2025

Join our free newsletter for daily crypto updates!