After the US presidential elections, there was a massive demand trend for spot Bitcoin ETFs with multiple $1 billion inflow days. Spot Ethereum ETFs also had some noteworthy days but ended the week in the red. Investors had a cautious approach toward spot Bitcoin ETFs before the elections, but went on an accumulation spree afterward.
Net inflows for the three full trading days after it became known that Trump would be the next president were close to $2.3 billion, and this trend continued into the following week. However, investors pulled out funds on Thursday and Friday, ending the week with a massive $1.8 billion in net inflows.
Meanwhile, the spot Ethereum ETFs had their best week ever, especially in the first three days, ending the week in the green.
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<p>The post Billions Flood Into BTC ETFs Amid US Elections, Ethereum ETFs Also Post Noteworthy Gains first appeared on CoinBuzzFeed.</p>
