Bitcoin ETFs Experience Surge of $1.38 Billion Following Trump's Victory
Finance/Markets

Bitcoin ETFs Experience Surge of $1.38 Billion Following Trump's Victory

Record inflows into Bitcoin ETFs coincide with Trump's election win, reflecting newfound investor confidence.

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  • Bitcoin exchange-traded funds (ETFs) in the U.S. recorded a significant $1.38 billion in net inflows following Donald Trump’s election victory.
  • BlackRock’s IBIT led the inflow with over $1.1 billion, marking its highest performance since its launch in January.
  • Total net inflows across all products exceeded $25 billion as no ETFs reported any outflows.
  • Ethereum ETFs witnessed $78 million in inflows, reflecting optimism in decentralized finance (DeFi) driven by Trump’s election outcomes.
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