以太坊是仅次于比特币的最大代币，人们对它的兴趣表明，Trump embraces cryptos, usa bitcoin and ethereum ETF inflows hit record highs, market activity has not yet reached its peak.
USA's elected president Trump promised to free the crypto industry from regulatory shackles, and as a result, U.S. exchange-traded funds (ETFs) that directly invest in bitcoin and ethereum are experiencing unprecedented popularity.
According to data compiled by Bloomberg, bitcoin ETFs and ethereum ETFs set single-month net inflow records in November at 6.5 billion USD and 1.1 billion USD respectively. Last Friday, the daily subscription volume of the ethereum ETF also reached a historic high.
Ethereum is the second-largest token after bitcoin, and the public interest in it suggests that after Trump won the USA election on November 5th, speculative appetite for crypto is expanding. From certain indicators, at least among retail investors, the enthusiasm for digital assets has not yet reached the frenzy levels seen during the COVID pandemic era.
Caroline Bowler, CEO of BTC Markets Pty, stated, "We see a trend in the cryptocurrency market: initially, the price of bitcoin rises, but other tokens also rise accordingly. She believes that based on the flow of investor funds to digital asset exchanges, market activity has not yet peaked."
On November 29th, driven by BlackRock Inc.'s iShares Ethereum Trust and Fidelity Investments' Ethereum Fund, nine ethereum ETFs achieved a net inflow of 0.333 billion USD. In terms of fund size, BlackRock, Fidelity, and crypto expert Grayscale Investments LLC are the largest issuers of digital asset portfolios.
The price of bitcoin approached 0.1 million USD for the first time last month. Since Trump's victory, ethereum has outperformed bitcoin, but has not yet reached a new high.
XRP has continued its parabolic surge due to expectations that Trump will lift SEC's crackdown on the fourth largest digital asset. Some investment companies are seeking to launch an XRP ETF.
Trump vowed to abolish the Biden administration's restrictions on digital assets and establish a friendly regulatory agency. The Republican also supports the creation of a bitcoin strategic reserve in the usa. Trump was once skeptical about cryptos, but his attitude has changed as the cryptos industry funded his campaign efforts.
According to CoinGecko, the market cap of the cryptos market has jumped by about 1.2 trillion dollars since Trump’s victory. This surge is diminishing the painful memories of the fraud and high-risk behaviors exposed during the 2021 cryptos boom.
