-
US Bitcoin ETF Inflows Near $10 Billion Since Trump Election Win
Almost $10 billion has poured into US exchange-traded funds investing directly in Bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector heralds a boom for the market. The dozen funds from issuers including BlackRock Inc. and Fidelity Investments have attracted about $9.9 billion of net inflows in the period following Election Day on Nov. 5, helping to lift the group’s total assets to approximately $113 billion, according to data compiled by Bloomberg. The president-elect last week picked a digital-asset supporter to be the next head of the US securities regulator and ... (full story)