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What is the main driver for the surge in U.S. Bitcoin and Ethereum ETF inflows by the end of 2024?
2
Resolution / Starting Odds
Trump's crypto deregulation policies • 25%
Increased retail interest • 25%
Institutional investments • 25%
Other factors • 25%
Analysis reports from financial analysts and market experts
Story
Trump's Crypto Deregulation Fuels Surge in US Bitcoin and Ether ETFs, CZ Eyes Pardon
Dec 2, 2024, 07:01 AM
The cryptocurrency sector is experiencing a surge in demand for Bitcoin and Ether ETFs in the U.S., driven by President-elect Donald Trump's pledge to deregulate the crypto industry. In November, Bitcoin ETFs saw inflows of $6.5 billion, while Ethereum ETFs attracted $1.1 billion, reflecting a significant increase in retail interest. Amidst this backdrop, John Lilic, a member of The Telos Foundation, suggested that Trump should consider pardoning former Binance CEO Changpeng Zhao (CZ) and reinstate him to his position. CZ has expressed disinterest in returning as CEO but has indicated he would welcome a pardon, highlighting the importance of stability in leadership for market trust.
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Retail Investment • 25%
Regulatory Changes • 25%
Technological Developments • 25%
Increased institutional investment • 25%
Regulatory changes • 25%
Technological advancements • 25%
Other factors • 25%
U.S. Treasury yield curve changes • 25%
Increased interest in Bitcoin ETFs • 25%
General market optimism • 25%
Other factors • 25%
Diversification • 25%
High returns • 25%
Digital asset appeal • 25%
Other • 25%
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Ark's ARKB • 25%
Fidelity • 25%
Other • 25%
BlackRock • 25%
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Bitwise • 25%
Ark • 25%
U.S. election results • 25%
Institutional investments • 25%
Regulatory changes • 25%
Technological advancements • 25%
BlackRock • 25%
Grayscale • 25%
Fidelity • 25%
Other • 25%
ProShares Bitcoin Strategy ETF • 25%
Grayscale Bitcoin Trust • 25%
Valkyrie Bitcoin Strategy ETF • 25%
Other • 25%
BlackRock • 25%
Fidelity • 25%
Vanguard • 25%
Other • 25%
$ARKB • 25%
$BITB • 25%
$HODL • 25%
Other • 25%
BlackRock's IBIT ETF • 25%
Fidelity's FBTC ETF • 25%
Vanguard's VBTC ETF • 25%
Other • 25%