Ethereum ETFs have seen a surge in interest since the US presidential election, with investors putting in a total of $3.5 billion within four months. This has caused a reversal from the situation in July when there were billions of dollars in outflows. Analysts believe this is because investors are more confident about the crypto market following Donald Trump’s victory, as he has a pro-crypto stance.
Ethereum is the only other crypto asset to have a spot ETF approved in the US.
