Last week, cryptocurrency exchange-traded products (ETPs) saw a massive $1.9 billion influx, sparked by former President Donald Trump’s executive order proposing the creation of a strategic crypto reserve. This marks the third consecutive week of inflows, pushing year-to-date (YTD) investments in crypto ETPs to $4.7 billion.

Bitcoin took center stage, attracting $1.6 billion in inflows last week alone, accounting for 92% of the total YTD crypto ETP investments. The milestone comes as Bitcoin continues its bullish trend, recently hitting an all-time high above $109,000. Meanwhile, Ether ETPs followed with $205 million in inflows, signaling investor confidence despite early-year sell-offs.

Other altcoins like Solana, Chainlink, and Polkadot also gained traction, drawing $6.9 million, $6.6 million, and $2.6 million, respectively. In contrast, Grayscale recorded significant outflows of $124 million, bringing its YTD total losses to $392 million, as competitors like BlackRock and Fidelity dominated inflows.

The big question now is whether this surge in institutional interest will sustain the upward momentum for Bitcoin and other cryptocurrencies. With a record $171 billion in total assets under management across crypto ETPs, some investors see opportunities to capitalize on the growing market.

However, potential risks remain, including market volatility and broader economic uncertainties. As always, readers should conduct thorough research or consult with financial professionals before making investment decisions. This article is not financial advice.