President Donald Trump’s recent executive order proposing a U.S. strategic crypto reserve has triggered a massive $1.9 billion inflow into cryptocurrency exchange-traded products (ETPs), according to CoinShares. The week marked the third consecutive inflow streak, pushing the year-to-date total to an impressive $4.7 billion. Bitcoin ETPs dominated the action, attracting $1.6 billion, or 92% of the total YTD inflows. “No digital asset investment products saw outflows last week,” noted James Butterfill, CoinShares’ research head, emphasizing the bullish sentiment.
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Bitcoin and Ethereum Lead the Pack
Bitcoin’s new all-time high of $109,000 on January 20 drove short Bitcoin ETPs to see $5.1 million in inflows, while Ethereum ETPs rebounded with $205 million inflows despite a sluggish start to the year. XRP (XRP-USD), Solana (SOL-USD), and Chainlink (LINK-USD) also saw notable gains, highlighting investor interest beyond the top two cryptocurrencies.
BlackRock Takes the Lead as Grayscale Struggles
Among issuers, BlackRock (BLK) led with $1.5 billion in weekly inflows, accounting for 76% of the total, followed by Fidelity and ARK (ARKK). Meanwhile, Grayscale recorded another $124 million in outflows, continuing its challenging start to 2025 with $392 million withdrawn year-to-date.
Trump’s executive order banning central bank digital currencies (CBDCs) has been called a “game-changer” by blockchain adviser Anndy Lian, setting the stage for greater institutional adoption and solidifying confidence in Bitcoin and Ethereum as market mainstays.
What Is the Best Bitcoin ETF to Buy?
For investors looking to find the Bitcoin ETFs that best suit their needs, conducting thorough research is crucial. A helpful resource for this is TipRanks’ Compare ETF tool. This tool allows investors to compare various Bitcoin ETFs side-by-side, examining key metrics such as performance history, expense ratios, and assets under management.