Analyst: Under Trump's administration, companies and retirement funds will find it easier to hold BTC

ChainCatcher news, according to Investmentnews, eToro market analyst Josh Gilbert stated that under the Trump administration, corporations and retirement funds found it easier to hold assets like Bitcoin, and thus we will continue to see inflows into ETFs.

This month, spot Bitcoin ETFs issued by firms such as BlackRock and Fidelity have attracted $6.2 billion in funds so far in November, surpassing the previous peak of $6 billion reached in February when investors were excited about these products launched at the beginning of the year.