Bitcoin And Ether ETFs Set Record $7.6 Billion Inflows Amid Trump’s Crypto Push
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs.
The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels.
Bitcoin Hits $6.5 Billion In Net Inflows
Analysts showed that as of November, the firstborn cryptocurrency’s exchange-traded funds (EFT) recorded an all-time high of $6.5 billion in net inflows, a significant milestone attributed to the incoming Trump administration.
Many market commentators are predicting that Bitcoin could soon hit a record high of over $100,000 per coin; even…
