Bitcoin ETFs See Record $1.38 Billion Inflows Post-Trump Win
Bitcoin ETFs in the US experienced a historic $1.38 billion in net inflows following Donald Trump's election victory. Ethereum ETFs also saw $78 million in inflows, boosted by optimism in DeFi. The rise in stablecoin liquidity and Bitcoin transactions has led to the formation of UnmuteUptober. Despite gold's surge, Bitcoin broke the $64K mark, but the ETH/BTC ratio has fallen to its lowest level since April. Some analysts are questioning whether Bitcoin's bullish momentum is waning.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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