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Naghmeh🎩
@naghmehm66
Weekly inflows into crypto ETF products hit $1.9 billion following Trump's support for bitcoin reserve proposals. CoinShares revealed in a Jan. 27 research report that nearly $2 billion flowed into cryptocurrency investment products last week, pushing last year's inflows to $4.8 billion. Bitcoin continues to dominate, attracting $1.6 billion or 92% of all inflows last week. CoinShares notes that short bitcoin ETFs also saw $5.1 million in inflows, adding that the flow was likely driven by traders preparing for possible market pullbacks following bitcoin's recent rally. The United States led the way with $1.7 billion in inflows. According to the data, Canada earned $31 million, while Switzerland and Germany earned $35 million and $23 million, respectively.
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