In the two days following Donald Trump’s victory, US Bitcoin spot ETFs saw a net inflow of $2.001 billion, with $1.38 billion coming in on November 7 alone. The US Ethereum spot ETF also experienced a total net inflow of $132.03 million over two trading days. This surge in ETFs demonstrates a positive outlook on cryptocurrencies, especially among conventional stock traders who are not deeply involved in the crypto space.
As of November 7, Blackrock’s iShares Bitcoin Trust (IBIT) saw daily net inflows of $1.12 billion, totaling nearly $27.18 billion in cumulative inflows. Grayscale’s Bitcoin Trust (GBTC) had a net daily inflow of $7.31 million, resulting in a cumulative outflow of $20.19 billion. Fidelity’s Bitcoin Trust (FBTC) had the second-largest inflow of $190.92 million.
Bitwise and ARK Invest also saw impressive gains in BTC ETFs, with inflows of $13.36 million and $17.61 million, respectively. In the Ethereum ETF space, Fidelity Investments (FETH) had the highest daily net inflow of $28.93 million, totaling $538.94 million in cumulative net inflows. Blackrock’s Ethereum Trust (ETHA) saw a net inflow of $23.66 million, bringing its cumulative net inflow to $1.38 billion.
Grayscale’s Ethereum Trust (ETH) experienced a net inflow of $5.48 million, contributing to its cumulative total net inflow of $301.94 million. VanEck’s Ethereum Trust (ETHV) saw significant gains with an inflow of $12.71 million.
