Bitcoin and Ethereum ETFs Surge Post-Trump Inauguration with $875M Investment Boost
January 21, 2025Following Donald Trump's inauguration, there has been a notable surge in investor interest in Bitcoin and Ethereum ETFs, with over $875 million invested, reflecting the ongoing enthusiasm for the so-called 'Trump Trade.'
On January 17, 2025, the BlackRock ETF IBIT led the Bitcoin spot ETF market with an impressive $376 million in inflows, bringing its historical total to $38.412 billion.
In light of the volatile nature of blockchain investments, ChainCatcher emphasizes the importance of approaching these investments with caution and enhancing risk awareness regarding virtual token speculations.
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In the Ethereum space, Grayscale's Ethereum Mini Trust attracted $12.49 million, while its main Ethereum Trust (ETHE) experienced outflows of $4.44 million, resulting in a cumulative outflow of $3.72 billion.
As of the same date, the total net asset value of Ethereum spot ETFs reached $12.662 billion, representing a net asset ratio of 2.99% relative to the total Ethereum market capitalization.
Summary based on 4 sources
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Sources
CCN.com • Jan 22, 2025
Bitcoin and Ethereum ETFs Inflows Top $875M, BlackRock BTC Holdings Exceed $60B