Bitcoin and Ethereum ETFs Continue to Rise
After Donald Trump’s victory in the presidential election, US investors continued to invest in Bitcoin spot ETFs, and this trend continued over the past five trading days. Ethereum ETFs also benefited from this upward wave, attracting nearly $1 billion last week.
In total, Bitcoin ETFs attracted $2.167 billion during this period, which, although less than the previous week, still represents a significant investment in these funds. BlackRock’s IBIT was the leader for four trading days.
On the other hand, Ethereum ETFs also started their upward trend since November 22 and attracted $854.8 million last week. These significant inflows have had a positive impact on the price of Bitcoin, but the price of Ethereum has decreased by 2.5% last week.