According to data compiled by Bloomberg, Bitcoin ETFs and Ethereum ETFs set records for monthly net inflows of $6.5 billion and $1.1 billion respectively in November. Last Friday, the daily subscription volume for Ethereum ETFs also reached an all-time high.

Data from CoinGecko shows that since Trump's election victory, the cryptocurrency market capitalization has grown by approximately $1.2 trillion. Caroline Bowler, CEO of BTC Markets Pty, stated: "We are seeing a trend in the cryptocurrency market where Bitcoin initially drives price movements, but everything rises with the tide." She believes that, based on the flow of investor funds into digital asset exchanges, the activity has not yet peaked.