Investors have poured nearly $2 billion into American spot exchange-traded funds (ETFs) following Donald Trump's election win. Most of the money went into Bitcoin ETFs approved by the Securities and Exchange Commission (SEC) in January. These funds allow investors to buy shares that track the price of Bitcoin. The total assets under management across all the funds tracked by CoinShares reached a new all-time high of $116 billion. Investors also put money into Ethereum, with the American Ethereum ETFs receiving their biggest inflows since they started trading in July. The price of Bitcoin reached $85,000 per coin, setting a new all-time high, following Trump's victory.



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