November 16, 2024

Crypto inflows hit $1.98B amid post-election momentum

The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24% of the total $31.3 billion inflows year-to-date.

Cryptocurrency investors maintained strong interest in digital investment products last week, driven by post-election market momentum.

Crypto investment products saw $1.98 billion in inflows from Nov. 3–9, pushing global assets under management to a record high of $116 billion, CoinShares reported on Nov. 11.

This marks the fifth consecutive week of inflows, totaling $7.7 billion — 24% of the $31.3 billion recorded in 2024 so far.

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