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Market Moves: Week Ending 17 January 2025

Bitcoin was the best performing asset of the week after hitting new all-time highs of US$108,000 on bullishness surrounding Trump’s inauguration.¹ Industry insiders have hailed President Trump as the “First Crypto President” due to his promises to resolve regulatory hurdles that had been “holding crypto back”. President Trump also personally forayed into crypto meme-coins, launching the Trump token just three days before his inauguration.
Indian equities (FIIN, IIND, NDIA) were a theme across the poorest performers as investors positioned for a second Trump administration.² Trump’s proposed trade policies could present challenges for India, and a rising US dollar could trigger rotation away from emerging market equities.
There were $666.0 million in reported inflows for the week and $67.2 million in outflows, marking a week of net inflows for the Australian ETF industry.

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Looking for more ETF Express content? Check out this week’s Thematic Spotlight and Commodity Calls.

Authored by: Justin Lin

Date:
Jan 21, 2025

Category:
Reports

Topics:
ETF Express, Market Moves

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