Last week, crypto funds experienced their largest inflow since July, with a net investment of $2.2 billion, largely fueled by growing speculation about a potential Trump election victory. Bitcoin led the inflows with $2.1 billion, while Ether saw $57 million in investments. Notably, Solana funds attracted $2.4 million, and Litecoin received $1.7 million, boosted by Canary Capital's recent application for a Litecoin ETF. Since the start of the year, net investments in Litecoin have reached $41 million.
There was also a $12.3 million inflow into short-Bitcoin funds, despite $6.3 million in outflows the previous week. Meanwhile, $1.5 million was withdrawn from Cardano funds. iShares' Bitcoin spot fund received the highest ETF investment, with $1.1 billion going into the IBIT fund. Grayscale's Bitcoin fund saw $68 million in inflows, while Fidelity and ARK Invest received $319 million and $306 million, respectively.
