š Crypto Surge Alert! š
- Bitcoin ETFs in the U.S. hit a record $1.38 billion in net inflows after Trump's election win, with BlackRock's IBIT leading the charge at $1.1 billion. Total inflows across products surpassed $25 billion, marking a milestone with no net outflows reported.
- Ethereum ETFs also saw a boost, logging $78 million in inflows. The DeFi space is buzzing with optimism, pushing ETH up over 10% as investors anticipate pro-crypto policies.
- BTC is trading above $76,000, reflecting a 10% weekly gain. The Fed's 25 basis point rate cut is adding fuel to the crypto fire by increasing liquidity.
š¬ What are your thoughts on these developments? Share below!
