US Bitcoin ETFs Set for Historic Monthly Inflow Amid Trump Optimism

Reported about 16 hours ago

A dozen US Bitcoin exchange-traded funds (ETFs) are on track for a record monthly inflow of $6.2 billion in November, driven by Bitcoin's near $100,000 surge following President-elect Donald Trump's pro-crypto stance. Trump's promise to reduce regulatory burdens on cryptocurrencies has attracted investors, suggesting that inflows into ETFs will persist under his administration. Bitcoin has more than doubled in value this year, outperforming traditional assets like gold and stocks.

Source: YAHOO

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