TechFlow reports that since Donald Trump's election as U.S. President on December 9, nearly $10 billion has flowed into American ETFs directly investing in Bitcoin, as investors bet that Trump's embrace of the cryptocurrency industry will herald a market boom.
According to data compiled by Bloomberg, around a dozen funds launched by providers including BlackRock Inc. and Fidelity Investments have attracted approximately $9.9 billion in net inflows since Election Day on November 5, helping boost the group's total assets to about $113 billion.




