Between October 28 and November 2, 2024, capital inflows into crypto funds rose to $2.17 billion, reaching a record high of $29.2 billion in annual terms. Trading volume increased by 67% compared to the previous week and amounted to $19.2 billion, according to the weekly report by CoinShares.

Experts explained that euphoria over the prospect of a Republican victory in the US elections was a likely reason for the inflow of funds, “as was the case in the first few days of last week.” They noted that this trend began to turn negatively at the end of the week.

Among the providers, iShares funds attracted the most capital - $2.21 billion, Fidelity comes second - $90 million, and Ark 21 Shares third with an indicator of $11 million.