US Bitcoin, ether ETFs see record inflows amid Trump’s Pro-Crypto stan
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US Bitcoin and Ether exchange-traded funds (ETFs) logged record inflows in November following President-elect Donald Trump’s pledge to deregulate the crypto industry. Investors poured $6.5 billion into Bitcoin ETFs and $1.1 billion into Ether ETFs, signaling renewed confidence in digital assets. As Ether outperforms Bitcoin since the election, the crypto market has gained $1.2 trillion, fueled by speculation and optimism over Trump’s proposed policies.
ETF Market Sees Unprecedented Demand
The inflow of capital into US crypto ETFs has reached historic levels. Bitcoin-focused ETFs attracted $6.5 billion in November, while Ether ETFs logged $1.1 billion. Notably, Ether ETFs saw a record single-day inflow of $333 million on November 29, driven by funds from BlackRock, Fidelity, and Grayscale, highlighting their dominance in the digital asset space.
This surge in investor interest reflects a broadening appetite for crypto exposure, with Ether gaining traction as the second-largest cryptocurrency by market cap. Despite Bitcoin nearing the $100,000 mark last month, Ether has outpaced it in returns since Trump’s election win, trading at $3,672 as of December 2.
Renewed Optimism on Pro-Crypto Policies
Trump’s election promises to lift regulatory hurdles have invigorated the crypto market. The President-elect has committed to scrapping the previous administration’s stringent measures, appointing crypto-friendly regulators, and even advocating for a strategic US Bitcoin reserve.
This shift has reignited optimism in the market, which saw a dramatic $1.2 trillion jump in valuation since Trump’s victory on November 5, according to CoinGecko data. The rally underscores the renewed speculative fervor, particularly among institutional investors.
Options Market and Altcoins Rally
The bullish sentiment extends to the options market, where 77% of open interest in Ether contracts is long, compared to 66% for Bitcoin, according to Derive.xyz. This positioning signals confidence in further price appreciation for Ether, which has yet to reach new all-time highs despite its recent momentum.
Meanwhile, XRP, the fourth-largest digital asset, is experiencing a parabolic rise on expectations that Trump’s administration will reverse the SEC’s crackdown on the token. Investment firms are already exploring XRP-focused ETFs to capitalize on the renewed interest.
Market Outlook
As the crypto market adjusts to a potentially more favorable regulatory environment, institutional inflows are setting the stage for a broader rally. Caroline Bowler, CEO of BTC Markets Pty, noted that Bitcoin often leads market movements, with altcoins like Ether following suit.
However, while institutional activity drives much of the current momentum, retail investor enthusiasm remains subdued compared to the 2021 bubble. Analysts suggest this measured approach could signal a more sustainable growth trajectory for digital assets in the post-election era.
The coming months will test whether this renewed optimism can sustain the current rally, particularly as Ether and Bitcoin ETFs continue to attract unprecedented inflows. Investors will also watch for concrete steps from the Trump administration to implement its crypto-friendly agenda.
ETF Market Sees Unprecedented Demand
The inflow of capital into US crypto ETFs has reached historic levels. Bitcoin-focused ETFs attracted $6.5 billion in November, while Ether ETFs logged $1.1 billion. Notably, Ether ETFs saw a record single-day inflow of $333 million on November 29, driven by funds from BlackRock, Fidelity, and Grayscale, highlighting their dominance in the digital asset space.
This surge in investor interest reflects a broadening appetite for crypto exposure, with Ether gaining traction as the second-largest cryptocurrency by market cap. Despite Bitcoin nearing the $100,000 mark last month, Ether has outpaced it in returns since Trump’s election win, trading at $3,672 as of December 2.
Renewed Optimism on Pro-Crypto Policies
Trump’s election promises to lift regulatory hurdles have invigorated the crypto market. The President-elect has committed to scrapping the previous administration’s stringent measures, appointing crypto-friendly regulators, and even advocating for a strategic US Bitcoin reserve.
This shift has reignited optimism in the market, which saw a dramatic $1.2 trillion jump in valuation since Trump’s victory on November 5, according to CoinGecko data. The rally underscores the renewed speculative fervor, particularly among institutional investors.
Options Market and Altcoins Rally
The bullish sentiment extends to the options market, where 77% of open interest in Ether contracts is long, compared to 66% for Bitcoin, according to Derive.xyz. This positioning signals confidence in further price appreciation for Ether, which has yet to reach new all-time highs despite its recent momentum.
Meanwhile, XRP, the fourth-largest digital asset, is experiencing a parabolic rise on expectations that Trump’s administration will reverse the SEC’s crackdown on the token. Investment firms are already exploring XRP-focused ETFs to capitalize on the renewed interest.
Market Outlook
As the crypto market adjusts to a potentially more favorable regulatory environment, institutional inflows are setting the stage for a broader rally. Caroline Bowler, CEO of BTC Markets Pty, noted that Bitcoin often leads market movements, with altcoins like Ether following suit.
However, while institutional activity drives much of the current momentum, retail investor enthusiasm remains subdued compared to the 2021 bubble. Analysts suggest this measured approach could signal a more sustainable growth trajectory for digital assets in the post-election era.
The coming months will test whether this renewed optimism can sustain the current rally, particularly as Ether and Bitcoin ETFs continue to attract unprecedented inflows. Investors will also watch for concrete steps from the Trump administration to implement its crypto-friendly agenda.