- Over $1.9 billion was invested in Bitcoin and Ethereum ETFs during Trump’s second-term debut.
- Ethereum ETFs show promise, but Bitcoin remains dominant amid market fluctuations and institutional interest.
In the first week of Donald Trump’s second presidential term, the U.S. witnessed an extraordinary surge in investment activity, with approximately $1.9 billion funneled into spot Bitcoin [BTC] and Ethereum [ETH] exchange-traded funds (ETFs).
This influx reflects the growing momentum behind the so-called “Trump Trade” phenomenon, as investors rally around the administration’s pro-market stance.
Bitcoin ETFs break records
According to SoSoValue data, BTC ETFs recorded $517.67 million in net inflows by the 24th of January, contributing to $1.76 billion total for the week—extending the $1.96 billion influx observed before Trump’s inauguration.
The week closed strongly for Bitcoin ETFs, with Fidelity’s FBTC leading by securing $186.07 million in net inflows on the 24th Jof anuary.
This pushed its cumulative inflows to $13.04 billion, elevating its net assets to $22.5 billion. FBTC now stands as the second-best-performing Bitcoin fund.
ARK 21Shares’ ARKB followed closely, attracting $168.71 million in net inflows, bringing its total to $2.96 billion, with net assets of $5.41 billion.
Meanwhile, BlackRock’s IBIT dominated the BTC ETF landscape, amassing $155.69 million in inflows. This drove its cumulative inflows to $39.73 billion, securing $60.62 billion in net assets.
Smaller contributions came from the Grayscale Bitcoin Mini Trust, recording $13.01 million, and the WisdomTree Bitcoin Trust (BTCW), posting $2.79 million.
The only outlier was the Bitwise Bitcoin ETF, experiencing $8.6 million in outflows, contrasting the otherwise bullish sentiment.
Ethereum ETFs were no exception
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Author: Ishika Kumari
