Bloomberg: Since Trump's election victory, nearly 10 billion US dollars have flowed into the American Bitcoin ETF
According to Bloomberg, since Trump was elected President of the United States, Exchange Traded Funds (ETFs) in the US 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 herald a market boom. According to Bloomberg data, 12 funds launched by issuers including BlackRock Inc. and Fidelity Investments have seen a net inflow of about $9.9 billion, increasing their total assets to approximately $113 billion.
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