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Bloomberg: Since Trump's election victory, nearly 10 billion US dollars have flowed into the American Bitcoin ETF

Bloomberg: Since Trump's election victory, nearly 10 billion US dollars have flowed into the American Bitcoin ETF

Bitget2024/12/09 07:36
BTC-1.68%

According to Bloomberg, since Trump was elected President of the United States, Exchange Traded Funds (ETFs) in the US that directly invest in Bitcoin have attracted nearly $10 billion in capital inflows. People are betting that Trump's embrace of the cryptocurrency industry will herald a market boom. According to Bloomberg data, 12 funds launched by issuers including BlackRock Inc. and Fidelity Investments have seen a net inflow of about $9.9 billion, increasing their total assets to approximately $113 billion.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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