The American bitcoin-ETF market is expanding, fueled by investor optimism regarding the cryptocurrency policy of elected president Donald Trump.
According to Bloomberg, bitcoin-ETFs led by BlackRock Inc. and Fidelity Investments recorded a record inflow of $6.2 billion in November, surpassing the previous high of $6 billion reached in February.
This surge reflects the price dynamics of bitcoin, which briefly approached $100,000 before settling at $96,400. The cryptocurrency has more than doubled in price this year, outpacing traditional assets such as global stocks and gold.