Nearly $4 billion of new money flowed into digital assets last week, with the U.S. dominating 99% of the total haul. Investors are taking a cue from President Trump’s push to open retirement accounts up to alternative assets.

"My Administration will relieve the regulatory burdens and litigation risk that impede American workers’ retirement accounts from achieving the competitive returns and asset diversification necessary to secure a dignified, comfortable retirement," read a portion of Trump's executive order "Democratizing Access to Alternative Assets for 401(k) Investors," signed in early August.

Ethereum ETPs (exchange-traded products) , which give investors exposure to the crypto without holding it, attracted $2.87 billion in new assets last week, bringing the year-to-date inflow

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