As reported by COINOTAG News on November 8th, recent data from Farside Investors indicates a significant surge in *institutional interest* in cryptocurrency ETFs following the announcement of *Trump’s electoral victory*. Within just two trading days, the US *Bitcoin spot ETF* experienced a remarkable net inflow of $1.995 billion, showcasing robust market confidence among investors. This trend highlights the growing acceptance of *Bitcoin* as a legitimate asset class amidst the prevailing economic uncertainties.
Furthermore, the US *Ethereum spot ETF* also benefited from this bullish sentiment, registering a compelling net inflow of $132.9 million over the same period. This influx of capital into both *Bitcoin* and *Ethereum* ETFs underscores a broader shift in investment strategies, as more market participants seek to diversify their portfolios through cryptocurrency assets. Investors should closely monitor these developments as they reflect on the potential of *cryptocurrencies* in shaping the future financial landscape.
Source: https://en.coinotag.com/bitcoin-sees-1-995-billion-surge-in-spot-etf-inflows-following-trumps-victory-announcement/