Record Inflows for US Bitcoin and Ether ETFs Amid Trump's Crypto Support

Reported 2 days ago

US Bitcoin and Ether exchange-traded funds (ETFs) saw unprecedented inflows of $6.5 billion and $1.1 billion respectively in November, following President-elect Donald Trump’s commitment to deregulate the crypto industry. The keen interest from investors, particularly in Ether, indicates a growing speculative interest in digital assets post-Trump's election victory. Notably, Ether has been outperforming Bitcoin, while firms are also looking into launching XRP ETFs as Trump plans to reverse prior administration's restrictions on cryptocurrencies.

Source: YAHOO

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