CoinShares, a major crypto investment firm, reports a massive surge in institutional money flowing into digital assets. This follows President Trump’s recent executive orders related to the crypto industry.
Billions Invested
Last week alone, nearly $2 billion poured into institutional crypto investment products. This brings the year-to-date total to a staggering $4.8 billion. CoinShares attributes this to the positive impact of the executive orders, specifically mentioning a proposed Bitcoin reserve. Despite relatively stable crypto prices, trading volume was high, reaching $25 billion—a significant 37% of total volume on reputable exchanges.
Where the Money Went
The United States dominated, attracting $1.7 billion of the total inflows. Other notable contributors included Canada ($31 million), Switzerland ($35 million), and Germany ($23 million).
Bitcoin (BTC) was the star performer, gobbling up the vast majority of the investment, with $1.6 billion in inflows. This accounts for a whopping 92% of all digital asset inflows. Even short-Bitcoin ETFs saw a resurgence, attracting $5.1 million.
Ethereum (ETH) led the altcoins, with $205 million in inflows, bringing its year-to-date total to $177 million. Most other crypto assets also saw positive inflows, with the exception of Cardano (ADA).
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always do your own research before investing in cryptocurrencies, as it’s a high-risk market.
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