Bitcoin News Today: Trump Executive Order Spurs $572M Crypto ETP Inflows as Bitcoin and Ether Rally

Global crypto ETPs recorded $572 million in net inflows for the trading week ending Friday, according to European crypto asset manager CoinShares [1]. The surge in inflows coincided with a rally in Bitcoin and Ether prices, with Ether reaching $4,000 for the first time since December 2024. This marked the first weekly inflow after a brief pause and pushed year-to-date inflows to a record $30.7 billion, with total assets under management now standing at $226 billion for the first time ever [1].

Early in the week, outflows totaling $1 billion were reported, attributed to investor caution following weak U.S. payroll data. However, inflows rebounded sharply in the latter half of the week, with $1.57 billion added, signaling renewed optimism among investors [1].

The recovery coincided with a major shift in U.S. government policy. President Donald Trump signed an executive order on Thursday permitting the inclusion of digital assets in 401(k) retirement plans. This move, reported by CoinDesk, marked a reversal of previous guidance from the Biden administration, which had discouraged the inclusion of crypto in retirement accounts [1]. CoinShares’ James Butterfill directly linked the late-week inflow surge to this policy change, emphasizing its potential to unlock trillions in retirement assets for crypto investment products [1].

Ether ETPs led the inflow trend, capturing nearly $270 million in new investments. This continued the momentum seen in July and boosted year-to-date Ether ETP inflows to $8.2 billion. Total assets under management for Ether ETPs now stand at a record $32.6 billion [1].

Bitcoin ETPs also rebounded from two weeks of outflows, attracting $265 million in new capital. Altcoin products saw smaller but notable inflows, with Solana, XRP, and Near ETPs gaining $21.6 million, $18.4 million, and $10.1 million, respectively [1].

BlackRock remained the largest issuer of crypto ETPs, with its iShares crypto ETFs attracting $294 million in new inflows. Total assets for the firm’s crypto products now approach $100 billion, reinforcing its dominant market position [1].

The new policy is expected to expand the distribution of crypto investment products beyond institutional and high-net-worth investors into mainstream retirement planning channels. However, implementation timelines remain uncertain, as employers must assess their fiduciary obligations under existing retirement plan frameworks [1].

Source: [1] Crypto ETPs Record $572 Million Weekly Inflows as Bitcoin and Ether Rally (https://coinmarketcap.com/community/articles/689a1b89c4a7cb3a2ce85b88/)