Spot Ether ETFs have observed a substantial increase in inflows amounting to $294.9 million. This surge comes in the wake of a broader rally in the cryptocurrency market, which has been stimulated by Donald Trump’s recent election victory.
This development indicates a growing investor confidence in Ether and its associated exchange-traded funds. The election results have seemingly generated a positive sentiment within the crypto markets, contributing to the inflows observed.
Source: cryptonews.com ↗