Trump’s Pro-Crypto Order Fuels $1.9B Crypto Inflows

• Pro-crypto executive order from Trump leads to $1.9B inflows into crypto ETPs.
• This marks the third consecutive week of positive growth for the market.
• The order signals potential long-term support for blockchain innovation.

Trump’s Executive Order Revives Crypto Market Confidence

The cryptocurrency market has received a significant boost following a pro-crypto executive order by former U.S. President Donald Trump. The move, aimed at fostering innovation in blockchain technologies, has resulted in a staggering $1.9 billion inflows into crypto Exchange-Traded Products (ETPs) over the past week.

This influx of capital marks the third consecutive week of growth in crypto investments, signaling a renewed bullish sentiment among institutional investors. The executive order outlines policies to promote regulatory clarity and encourage the adoption of digital assets, a welcome development for the crypto industry.

Institutional Interest on the Rise

The $1.9 billion inflows reflect growing confidence in the market, with ETPs emerging as a preferred choice for institutions seeking exposure to digital assets. Bitcoin and Ethereum ETPs saw the largest shares of inflows, further solidifying their status as the backbone of the cryptocurrency ecosystem.

Experts suggest that Trump’s endorsement of blockchain technology could pave the way for bipartisan support, encouraging wider adoption and investment in the space.

A Turning Point for Crypto Regulations?

The executive order also underscores the importance of clear regulatory frameworks to support blockchain innovation. By creating an environment conducive to growth, the order is expected to attract more institutional investors and startups to the space.

As the market reacts to this policy shift, many analysts believe that this could be the beginning of a long-term bullish trend for cryptocurrencies, with institutional participation driving sustained growth