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    Record Inflow to US Ether ETFs Post-Trump Election Win as Investors Anticipate Crypto-Friendly Policies

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    US-based Ether exchange-traded funds (ETFs) witnessed a record-breaking cash inflow of $294.9 million on 11 November, the day after Trump’s election win. Major gainers included Fidelity Ethereum Fund (FETH) and BlackRock’s iShares Ethereum Trust ETF (ETHA) with $115.5 million and $100.5 million respectively. The increase coincided with Ether’s 8.4% leap to a 14-week high of $3,384. Analyst Rachael Lucas suggested Ether staking returns may attract more traditional investors. An expected crypto-friendly approach by the Trump administration could also prove beneficial for Ether. Since their launch, US spot Ether ETFs have drawn nearly $3.1 billion.

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    After Trump’s win, the US’s Ether exchange-traded funds (ETFs) have made a record-breaking history. Their biggest splash of cash inflow came on November 11, with a ginormous amount of $294.9 million! The previous record was set during the launch, with only $106.6 million. Fidelity Ethereum Fund (FETH) stole the show by pulling in $115.5 million. BlackRock’s iShares Ethereum Trust ETF (ETHA) wasn’t far behind, raking in a cool $100.5 million.

    The big winners weren’t the only ones popping bottles, as the Grayscale Ethereum Mini Trust ETF (ETH) also nabbed up an impressive $63.3 million. Bitwise Ethereum ETF (ETHW) only managed to get $15.6 million, but hey, that’s nothing to sneeze at. Unfortunately, the other US spot Ether ETFs couldn’t quite get it going, with zero inflows.

    This came about as Ether (ETH) made a huge leap of 8.4% to a 14-week high of $3,384 on November 11. This followed the broader market’s near 10% price leap, according to CoinGecko data. However, Ether has some catching up to do with Bitcoin (BTC), Solana (SOL) who outperformed them in this bull cycle, as crypto analyst Rachael Lucas puts it.

    Lucas also said that Ethereum was slow out of the gate but is starting to pick up. She believes Ether staking returns will start attracting more traditional investors, putting it in a good position for a future bull run. Apparently, there’s no reason ETH won’t run well.

    CK Zheng from ZX Squared Capital reckons that Ether will probably benefit from a crypto-friendly Trump administration, which is good news for crypto enthusiasts. Since its launch, US spot Ether ETFs (excluding the outflows from Grayscale Ethereum Trust) have drawn almost $3.1 billion. The most inflow went to BlackRock’s ETHA, with over $1.5 billion brought in since the investment products kick-off on July 23.

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