Cryptocurrency exchange-traded products (ETPs) experienced their largest year-to-date inflows last week, amounting to $2.2 billion, driven by anticipation of U.S. President-elect Donald Trump's inauguration. Bitcoin saw a 15% price increase, raising total assets under management in crypto ETPs to a record high of $171 billion. Trading volumes for crypto ETPs hit $21 billion, representing 34% of total Bitcoin trading on trusted exchanges. Major contributions came from Bitcoin ETPs, which attracted $1.9 billion in inflows. Ether ETPs also recovered somewhat with $246 million in inflows, although they remain the worst performers this year, with $28 million in outflows overall. Notably, BlackRock's iShares ETFs garnered $897 million in inflows, contrasting with Grayscale's continued outflows totaling $145 million. The U.S. led the inflows, accounting for $2 billion, with additional activity in Switzerland and Canada.

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