#Blockchain[Super Topic]# Recently, the U.S. Bitcoin ETF sector has experienced a surge in net inflows, with over ten ETF products reaching an all-time high in monthly inflow. This growth is primarily attributed to President Trump's positive support for cryptocurrencies, paving the way for Bitcoin to reach $100,000.
Data shows that since November, ETF issuers such as BlackRock and Fidelity have attracted $6.2 billion in inflows, surpassing the previous record of $6 billion in February. A week ago, the price of Bitcoin was nearing $100,000, just $300 short.
Trump's election victory and his commitment to easing restrictions on cryptocurrencies and creating a friendly regulatory environment have injected vitality into the market. He also supports establishing a U.S. cryptocurrency strategic reserve and plans to appoint individuals knowledgeable about digital assets for regulation, which is expected to promote further development in the cryptocurrency industry. #Bitcoin Plummets 290,000 People Liquidated#