Bloomberg reported that since Donald Trump was elected as the President of the United States, the American exchange-traded funds (ETFs) that directly invest in Bitcoin have attracted nearly $10 billion in capital inflows. People are betting that Trump's embrace of the cryptocurrency industry will signal market prosperity. According to Bloomberg data, a total of 12 funds launched by issuers including BlackRock Inc. and Fidelity Investments have accumulated a net inflow of about $9.9 billion, increasing the total assets of these funds to approximately $113 billion.

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