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Trump’s Executive Orders Spark $1.9B Of Inflows To Crypto Funds

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Cryptocurrency exchange-traded products (ETPs) managed by firms like BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares saw net inflows of $1.9 billion last week following Trump’s recent crypto executive orders, according to CoinShares.

On January 23, President Donald Trump signed an executive order, establishing the “Presidential Working Group on Digital Asset Markets.” The group will focus on developing a federal regulatory framework for digital assets and explore the creation of a “strategic national digital assets stockpile.”

James Butterfill, Head of Research at CoinShares, said in a Monday report that the executive order built investor confidence, leading to no net outflows from global digital asset investment products last week.

Bitcoin And U.S.-Based Funds Dominate

Bitcoin-based crypto ETPs attracted $1.6 billion in inflows last week, accounting for the majority of total inflows. As the top-performing crypto funds this year, Bitcoin continues to dominate inflows. Bitcoin reached $4.4 billion, or 92% of all crypto ETP inflows, CoinShares’ Head of Research, James Butterfill, mentioned in the update.

Furthermore, U.S.-based crypto funds took the lead, making up $1.7 billion of the net weekly inflows. In Switzerland, Canada, and Germany, digital asset investment products experienced net inflows of $35 million, $31 million, and $23 million, respectively.

Ethereum-based funds rebounded, with net inflows of $205 million. Last week, U.S. spot Ethereum ETFs made up $139.4 million of this total.

Since mid-November, XRP investment products have seen strong inflows, adding $18.5 million to a total of over $500 million.

Solana, Chainlink, and Polkadot funds also saw significant inflows, with $6.9 million, $6.6 million, and $2.6 million, respectively.

Even though there were positive inflows last week, the crypto market dropped on Monday, with investors selling off their holdings.

After hitting an all-time high of around $109,000 on January 20, Bitcoin dropped below $100,000. During this drop, traders experienced $850 million in liquidations.

Currently, Bitcoin is trading for $101,283, according to CoinGecko.

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