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US bitcoin, ether ETFs log record inflows on Trump’s embrace of crypto

  • US Bitcoin and Ether ETFs are experiencing record inflows due to President-elect Donald Trump's support for the crypto industry.
  • In November, Bitcoin ETFs attracted $6.5 billion in net inflows, while Ether ETFs saw $1.1 billion in net inflows.
  • The interest in Ether suggests increasing speculative appetite for cryptocurrencies following Trump's election victory.
  • Investment firms are also looking to launch XRP ETFs amid expectations of regulatory changes under the new administration.

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