Bitcoin And Ether ETFs Set Record $7.6 Billion Inflows Amid Trump’s Crypto Push

Quick Summary:

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.

In the last week of November, SosoValue revealed that Ether ETFs garnered more than $466 million while having an outflow of $71.60 million in the prior week.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryThailand

Topics: Ethereum Ethusd Btcusd ETH Crypto ETFs Crypto News Btc Ether Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 22:30:36 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 489 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24067290

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 11 hours ago

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