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Trump’s executive order sparks .9B of inflows to crypto ETPs
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Trump’s executive order sparks $1.9B of inflows to crypto ETPs

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Trump’s executive order sparks .9B of inflows to crypto ETPs
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Trump’s executive order sparks $1.9B of inflows to crypto ETPs

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Source: Coin Telegraph

Crypto ETPs posted another successful week amid US President Donald Trump signing a pro-crypto executive order and Bitcoin reaching a new high.

Cryptocurrency exchange-traded products (ETPs) posted another strong performance last week, following US President Donald Trump’s executive order proposing a strategic crypto reserve.

Trump’s order proposing the initiation of a strategic crypto reserve was likely one of the catalysts for a fresh injection of $1.9 billion to various crypto ETPs in the last trading week, crypto investment firm CoinShares reported on Jan. 27.

This marks the third consecutive week of inflows into global crypto ETPs, bringing the year-to-date (YTD) total to $4.7 billion.

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Author: Helen Partz

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