Bitcoin & Ethereum ETFs See Record Inflows Post Elections; BlackRock Leads

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Bitcoin has had a thrilling week, skyrocketing from $67,849 to a new all-time high (ATH) of $77,230, driven by excitement surrounding the U.S. presidential election.

With pro-crypto candidate Donald Trump winning, the market has seen a wave of activity, sparking renewed institutional interest in Bitcoin and Ethereum. But what’s behind this sudden surge, and how are crypto ETFs reacting to the election drama?

The story doesn’t end with price highs—there’s a deeper shift happening in the market. Keep reading to know more.

Bitcoin ETFs have seen some of the highest trading activity in recent history. On November 4, as the election created uncertainty, Bitcoin ETFs faced the second-largest outflow ever, with $541 million being pulled. But just two days later, after Trump’s lead, Bitcoin ETFs saw a major inflow of $621.9 million, reflecting growing investor confidence.