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The bitcoin etf in the usa is expected to set a record for monthly fund inflows.
Influenced by the support of usa's president-elect Donald Trump for cryptos, the digital asset bitcoin is likely to soar to a historic approach of 100,000 dollars, with 12 usa bitcoin exchange-traded funds (etfs) set to see record monthly net inflows. Data shows that as of November, etfs issued by companies like blackrock and fidelity have attracted 6.2 billion dollars in funding. The previous peak of 6 billion dollars was reached in February this year when investors were excited about these products launched at the beginning of the year.
European stock markets rise, chip stocks get a boost.
European stocks rose as the usa's restrictions on chip equipment sales may be less severe than previously expected, boosting chip stocks. The Stoxx 600 index closed up 0.5% in the London market, having earlier risen by 0.8%. Semiconductor-related stocks, such as asml holding, VAT Group AG, and Aixtron SE all increased. The spot market is closed for Thanksgiving. Wolf von Rotberg, a stock strategist at Bank J. Safra Sarasin, stated that the usa's limits on equipment sales are "not as strict as previously reported," benefiting european chip equipment suppliers.
