Digital Asset Investments Surge Amid Inauguration Excitement

According to PANews, CoinShares' latest weekly report reveals that digital asset investment products experienced a significant influx of $2.2 billion last week, driven by the excitement surrounding the inauguration. This marks the highest weekly inflow of the year, pushing total assets under management (AuM) to a record $171 billion. Bitcoin led the inflows, attracting $1.9 billion, with a cumulative inflow of $2.7 billion this year. Ethereum saw an inflow of $246 million last week, offsetting earlier net outflows this year. XRP recorded an inflow of $31 million, with a total inflow of $484 million since mid-November 2024. Additionally, Switzerland and Canada reported inflows of $89 million and $13 million, respectively, indicating regional growth potential.