Trump’s Inauguration Sparks $2.2B Surge in Digital Asset Investments!

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Fresh investments are increasingly flowing into the cryptocurrency market, particularly towards US-based digital asset investment products. The growth potential of the cryptocurrency sector appears solid, largely due to the strategic introduction of TRUMP and MELANIA memecoins by Donald Trump’s family and their team of Web3 developers, which has added a layer of future stability.

The potential for Bitcoin to be adopted as a strategic asset reserve during the Trump administration has sparked interest among FOMO traders, suggesting a bullish outlook for cryptocurrencies in the immediate future. With more US states planning to establish their own Bitcoin reserves, there’s growing speculation that President Trump might issue an executive order to secure the current BTC holdings, boosting the likelihood of such a move.

Here are the key figures:
– Current price: $103 855
– 24h volatility: 0.7%
– Market cap: $2.06 T
– 24h volume: $125.38 B

Experts on Wall Street are musing that President Trump might persuade the Treasury Department to include Bitcoin in its Exchange Stabilization Fund (ESF), and potentially even purchase more Bitcoins using the ESF.

Ethereum’s Investment Products Outshined Most Digital Assets In Cash Inflows Last Week

Based on a recent report from CoinShares, there was approximately a $2.2 billion increase in investments for digital asset products last week. This significant influx appears to have been fueled by the widespread excitement surrounding what some speculated as Trump’s second inauguration, marking the highest weekly cash inflows this year so far.

It’s not surprising that Bitcoin-focused investment products, particularly US spot BTC ETFs, saw a significant cash influx of approximately $1.9 billion during the past week. On the other hand, Ethereum’s investment products recorded the highest altcoin sector cash inflow of around $246 million, boosting their total managed assets to roughly $18 billion.

Last week, Ripple Labs’ digital asset XRP saw the second-largest influx of approximately $30.8 million in cash, within the altcoin sector. The growing interest in XRP, alongside other cryptocurrencies, is primarily attributed to the anticipation surrounding the conclusion of the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs.

Last month, Solana’s investment product saw approximately $2.5 million in cash inflow, boosting its total assets under management to roughly $1.86 billion. However, as CoinSpeaker notes, the upcoming launches of TRUMP and MELANIA memecoins on the Solana network could significantly impact the next few months, particularly during the anticipated altseason.

Market Picture

Over the past two years, institutional investors like MicroStrategy Inc. (NASDAQ: MSTR) and BlackRock Inc. (NYSE: BLK) have significantly accelerated the use of digital assets. Financial analysts on Wall Street suggest that Bitcoin’s worth might surpass gold’s within the next ten years, as more countries are now emphasizing digital assets and Web3 technologies.

The impressive achievement of El Salvador’s Bitcoin policy, coupled with the anticipated adoption of strategic Bitcoin reserves in the U.S., may spark a worldwide trend. Furthermore, an increasing number of countries are establishing clear cryptocurrency regulations to facilitate the smooth integration of digital assets and blockchain technology, aiming to address macroeconomic uncertainties like high unemployment among skilled workers.

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2025-01-20 19:21