CoinVoice has recently learned that, according to reports from Jinshi, based on 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 hit an all-time high.
CoinGecko data shows that since Trump's victory, the market capitalization of cryptocurrencies has surged by approximately $1.2 trillion. This rise is diluting the painful memories of fraud and high-risk behaviors exposed during the 2021 cryptocurrency craze.
Ethereum is the second largest token after Bitcoin, and the interest in it indicates that after Trump won the U.S. election on November 5, the appetite for speculation in cryptocurrencies is expanding. By some indicators, at least among retail investors, the enthusiasm for digital assets has not yet reached the level of fervor seen during the pandemic-era bubble. [Original link]