According to data compiled by Bloomberg, Bitcoin ETF and Ethereum ETF set records for net inflows in November, reaching $6.5 billion and $1.1 billion respectively. Last Friday, the daily subscription volume of Ethereum ETF also hit a new high.data shows that since Trump's election victory, the market value of the cryptocurrency market has surged by about $1.2 trillion. This surge is diluting painful memories of fraud and high-risk behavior exposed during the 2021 cryptocurrency boom.
Ethereum is the second largest token after Bitcoin, and people's interest in it indicates that the speculative desire for cryptocurrency is expanding after Trump won the US election on November 5. From some indicators, at least among retail investors, the pursuit of digital assets has not reached the frenzy of the bubble in the era of the COVID-19 pandemic.
