Record Inflows for US Bitcoin and Ether ETFs Amid Political Shifts
December 2, 2024 - 12:51
US exchange-traded funds (ETFs) focused on Bitcoin and Ether are experiencing a surge in demand, reaching unprecedented levels. This remarkable growth comes in the wake of President-elect Donald Trump’s commitment to reduce regulatory barriers for the cryptocurrency sector.
In November alone, Bitcoin ETFs saw net inflows totaling $6.5 billion, while Ether ETFs recorded an impressive $1.1 billion in inflows. This influx of capital reflects growing investor confidence in cryptocurrencies, driven by an increasingly favorable political climate.
The significant interest in these digital assets highlights a broader trend as more investors seek exposure to the rapidly evolving cryptocurrency market. With the promise of a more accommodating regulatory environment, many believe that the potential for growth in the crypto space is just beginning.
As the landscape continues to shift, the performance of Bitcoin and Ether ETFs will be closely monitored, as they may serve as barometers for the overall health of the cryptocurrency market in the coming months.
MORE NEWS
December 16, 2025 - 09:45
Shannon Reid Leaves Raymond James After Nearly Two DecadesShannon Reid is pursuing an opportunity outside of Raymond James after nearly two decades with the firm. Having served as the head of Raymond James Financial Services, Reid has been a prominent...
December 15, 2025 - 22:35
Economic Growth Concerns Emerge as Major Threat to Financial Stability in EuropeAs Europe grapples with ongoing economic challenges, low growth has surfaced as a significant risk to financial stability across the region. Analysts warn that the persistent tightening of monetary...
December 15, 2025 - 07:53
UK to Implement Cryptoasset Regulations Starting October 2027Britain is set to introduce regulations for cryptoassets beginning in October 2027, according to a recent announcement from the finance ministry. This move aims to provide clarity and stability for...
December 14, 2025 - 21:50
Wall Street Optimistic About Stock Market Growth in 2026Wall Street is showing a positive outlook for the stock market as it heads into 2026, buoyed by expectations that upcoming cuts to interest rates will stimulate economic growth. Analysts believe...