Dai (dai) 
Bitcoin ETF Inflows Surge to $6.2 Billion in November, Nearing Record High
A dozen Bitcoin ETFs in the U.S. have attracted a significant $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000.
Strongest Month for Spot Bitcoin ETFs
Spot Bitcoin exchange-traded funds are on track for their strongest month yet, bolstered by Bitcoin’s surge toward $100,000 and President-elect Donald Trump’s crypto-friendly agenda.
The inflows coming to such ETF issuers as BlackRock and Fidelity are set to surpass the previous record of $6 billion achieved in February. Analysts say these moves, combined with Bitcoin’s recently-ignited rally, are driving investor confidence in crypto ETFs.
“Under a Trump administration, it’s expected to be easier for businesses and retirement funds to include Bitcoin in their portfolios.”
Key Factors Driving Investor Confidence
Several factors are driving investor confidence in crypto ETFs, including:
- President-elect Donald Trump’s crypto-friendly agenda
- Bitcoin’s surge toward $100,000
- Proposed regulatory changes and a strategic Bitcoin reserve
Ethereum ETFs Gain Momentum
Recent data suggests Ethereum-linked ETFs have gained momentum, outpacing Bitcoin ETFs in inflows during the four trading days leading up to Thanksgiving. Despite this, Bitcoin ETFs continue to dominate, with $104.32 billion in combined net assets as of Nov. 27.
For more news and updates on cryptocurrencies and investing, visit Global Crypto News.
