{"id":18483,"date":"2024-11-11T16:27:40","date_gmt":"2024-11-11T14:27:40","guid":{"rendered":"https:\/\/forklog.com\/en\/trumps-victory-fuels-continued-inflows-into-crypto-funds\/"},"modified":"2024-11-11T16:27:40","modified_gmt":"2024-11-11T14:27:40","slug":"trumps-victory-fuels-continued-inflows-into-crypto-funds","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trumps-victory-fuels-continued-inflows-into-crypto-funds\/","title":{"rendered":"Trump&#8217;s Victory Fuels Continued Inflows into Crypto Funds"},"content":{"rendered":"<p>Inflows into cryptocurrency investment funds from November 3 to 9 amounted to $1.98 billion, following $2.18 billion the previous week, according to <a href=\"https:\/\/blog.coinshares.com\/volume-208-digital-asset-fund-flows-weekly-report-20c547f8f8ef\">CoinShares<\/a>.<\/p>\n<p>The year-to-date inflow increased to a new record of $31.3 billion.<\/p>\n<p>The volume of assets under management also reached a historic high of $115.7 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1288.webp\" alt=\"1-1288\" class=\"wp-image-244924\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Product turnover rose to $20 billion, the highest since April.<\/p>\n<p>Bitcoin instruments received $1.8 billion after $2.16 billion the previous week.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe combination of a favorable macro environment [following the <\/em><em>Federal Reserve&#8217;s <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Fed<\/span><\/em><em> rate cut] and seismic shifts in the U.S. political system likely contributed to such positive investor sentiment,\u201d<\/em> the report stated.<\/p>\n<\/blockquote>\n<p>Clients withdrew $2.7 million from structures allowing short positions on digital gold, after adding $8.9 million in the previous reporting period.<\/p>\n<p>Inflows into Ethereum funds increased from $9.5 million to $157 million, the highest since July.<\/p>\n<p>Among other altcoins, Solana-based instruments stood out with $3.9 million, followed by Uniswap with $1 million and Tron with $0.5 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-935.webp\" alt=\"2-935\" class=\"wp-image-244925\"\/><figcaption class=\"wp-element-caption\">Data: CoinShares.<\/figcaption><\/figure>\n<p>Previously, technical analyst Peter Brandt stated that ETH and SOL are poised for an upward breakout to join Bitcoin. Earlier, the expert saw potential for Solana to grow 27-fold to $4500.<\/p>\n<p>Co-founder of Syncracy Capital, Daniel Chung, predicted the launch of a SOL-ETF in the first quarter of 2025 following Donald Trump&#8217;s victory in the U.S. presidential election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inflows into cryptocurrency investment funds from November 3 to 9 amounted to $1.98 billion, following $2.18 billion the previous week, according to CoinShares. The year-to-date inflow increased to a new record of $31.3 billion. The volume of assets under management also reached a historic high of $115.7 billion. Data: CoinShares. Product turnover rose to $20 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1191,1145],"class_list":["post-18483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinshares","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18483"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18482"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}