According to Odaily, the cryptocurrency market is witnessing a shift back to the United States as 2025 approaches, largely due to Donald Trump's re-election as President and the growing demand for U.S. digital asset funds and derivatives contracts. Trump's commitment to positioning the U.S. as a key player in the cryptocurrency industry has sparked a trading frenzy. This, coupled with the unexpected success of U.S. Bitcoin Exchange-Traded Funds (ETFs) launched in 2024, has led to a surge in trading activity.
The U.S. is increasingly becoming central to digital asset liquidity and benchmark pricing. Last year, Asia appeared to benefit the most from the Biden administration's crackdown on cryptocurrencies, but Trump is now reversing such policies. Additionally, since its launch in January, the U.S. Bitcoin ETF has seen a cumulative daily trading volume exceeding $500 billion, with net inflows of approximately $36 billion. BlackRock's iShares Bitcoin Trust Fund has emerged as one of the most successful funds in history. Under Trump's leadership, the scope of U.S. crypto ETFs is expected to expand beyond just Bitcoin and Ethereum products.