According to Coin Circle (120BTc.COM): All 12 Bitcoin spot ETFs in the U.S. experienced a surge of capital on Thursday, with a total net inflow of $1.38 billion, setting a historical record, regarded as a 'investment boom' benefiting from Trump's return to the White House.
According to SoSoValue data, on November 7, Eastern Time, BlackRock's Bitcoin spot ETF - 'iShares Bitcoin Trust (IBIT)' delivered the most outstanding performance, attracting over $1.1 billion in a single day, breaking the record since its listing in January this year.
The 12 Bitcoin spot ETFs in the U.S. recorded net inflows on Thursday, marking the first time the cumulative net inflow since listing has surpassed $25 billion.
BTCMarkets cryptocurrency analyst Rachael Lucas stated: "This wave of capital influx reflects investors' trust in the BlackRock brand, the attractiveness brought by Bitcoin's rise, and the favorable current market environment."
Institutional investors are feeling anxious about missing this wave of market movement (FOMO at play), along with delayed capital inflows after the price rise, both of which are key factors driving the explosive growth in Bitcoin ETF funds.
BTSE Chief Operating Officer Jeff Mei also stated: "Trump's election combined with the Fed's rate cut has prompted institutional investors to accelerate their entry. Optimistic expectations surrounding rate cuts, cryptocurrency-friendly policies, and stimulus measures in China have led institutional investors to flock to BlackRock's Bitcoin ETF. We expect more funds to rush in over the next few months."
On the other hand, the Ethereum spot ETF also benefited from this, with a total net inflow of $79.74 million across 9 funds. With Trump's election, market optimism for the decentralized finance (DeFi) sector has reignited, with Ethereum surging over 10% on Thursday. Investors expect the Trump administration to promote a more favorable cryptocurrency policy and relax regulations, further driving market enthusiasm.
Bitcoin briefly broke $76,000 during the Asian early session today (8th), with a weekly increase of nearly 10%.
At the same time, the U.S. Federal Reserve (Fed) announced a 25 basis point rate cut, in line with market expectations. This move is typically favorable for high-risk assets like Bitcoin, as rate cuts increase market liquidity and weaken the dollar, further attracting funds into the cryptocurrency market.#BTC创历史新高 #山寨季将至? #美联储利率决议来袭 #DOGE看涨情绪飙升 #特朗普加密政策承诺 $BTC $ETH $SOL