① Benefiting from US President-designate Trump's support for the crypto industry, Bitcoin is approaching the 0.1 million dollar mark; ② Based on this, 12 US Bitcoin ETFs will usher in a record monthly net inflow. According to media statistics, Bitcoin ETFs attracted 6.2 billion US dollars in capital in November; ③ Analysts pointed out that in the future, we will continue to see capital inflows into cryptocurrency ETFs.
Financial Services, November 29 (Editor: Zhou Ziyi) Bitcoin, a digital asset, has experienced a historic surge, reaching the 0.1 million dollar mark due to US President-designate Donald Trump (Donald Trump)'s support for the crypto industry. Along with Bitcoin's rise, 12 US Bitcoin exchange-traded funds (ETFs) are also about to see record monthly net inflows.
According to data compiled by the media, Bitcoin ETFs from issuers such as BlackRock and Fidelity Investments already attracted 6.2 billion dollars in November, while the previous peak of 6 billion dollars was set in February of this year. Investors at that time were excited about these newly launched products.
The new peak was brought by President-elect Trump, who promised to lift the Biden administration's crackdown on cryptocurrencies and establish friendly regulators, and he also supported the establishment of America's original strategic reserve of cryptocurrencies.
A week ago, Bitcoin hit an all-time high, just $300 short of the $0.1 million milestone.

However, Bitcoin's gains have slowed slightly this week. As of press time, the price of Bitcoin is around $96,230. Despite this, Bitcoin has more than doubled this year, surpassing assets such as global stocks and gold.
eToro market analyst Josh Gilbert said, “We will continue to see capital flowing into cryptocurrency ETFs, and especially under the Trump administration, it will be easier for businesses and pension funds to own such assets.”
Under the leadership of Gary Gensler (Gary Gensler), the SEC narrowly allowed the launch of a US spot Bitcoin ETF in January of this year. Since then, the agency has also given the green light to the second-largest digital asset Ether, and an Ether ETF has also been launched.
Gensler has always been critical of the crypto industry, and now, he is about to step down from the SEC. Trump is expected to appoint a digital asset supporter to head the agency, a move that will also pave the way for ETFs in other tokens.
While Trump himself was skeptical about the crypto industry, Trump's attitude towards cryptocurrencies changed as the industry invested huge sums of money to support candidates during the campaign.