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US Bitcoin, Ether ETFs Log Record Inflows on Trump’s Embrace of Crypto

(Bloomberg) -- US exchange-traded funds investing directly in Bitcoin and Ether are enjoying unprecedented demand, buoyed by President-elect Donald Trump’s pledge to unfetter the crypto industry from regulatory shackles.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe groups of Bitcoin and Ether ETFs each posted record monthly net inf

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Here's How a Trump Presidency Could Affect Cryptocurrency for the Next 4 Years

After a blistering post-election rally that saw Bitcoin (CRYPTO: BTC) soar by nearly 40%, investors were quick to credit the pro-crypto optimism surrounding a Donald Trump presidency. While Bitcoin has since pulled back from the $100,000 mark, all lights seem to be flashing green for crypto as we head into 2025. Will a Donald Trump presidency lift the entire crypto market, or will it primarily boost the fortunes of Bitcoin?

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Establishment’s Takeover of Bitcoin Creates a New List of Risks

(Bloomberg) -- Bitcoin exchange-traded funds have been such a smashing success in the US that they now hold more than 1 million of the tokens, or about 5% of what currently exists. That’s in the same ballpark as the amounts that have long been frozen in the wallet of the market’s original whale: The cryptocurrency’s anonymous and enigmatic creator known as Satoshi Nakamoto.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsIn Traffic-Weary Toronto, a Battle Br

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