Bitcoin ETF and Ethereum ETF set single-month net inflow records of $6.5 billion and $1.1 billion respectively in November. Last Friday, the daily subscription volume for the Ethereum ETF also hit a historic high.

Since Trump's victory, the market capitalization of the cryptocurrency market has surged by about $1.2 trillion. This surge is diluting the painful memories of the madness and high-risk behaviors exposed during the cryptocurrency craze of 2021.

Ethereum is the second largest token after Bitcoin, and the growing interest in it indicates that the speculative desire for cryptocurrencies is expanding following Trump's win in the U.S. election on November 5. By some indicators, at least among retail investors, the enthusiasm for digital assets has not yet reached the frenzied levels of the pandemic-era bubble.