CryptoFinance & Business

Bitcoin and Crypto Gain Momentum After Trump’s Presidential Win

21
Cryptocurrency ― Bitcoin, Ethereum, Ripple

A recent Bitwise survey highlights a significant rise in cryptocurrency interest among U.S. financial advisers following Donald Trump’s re-election.

The survey, conducted between November 14 and December 20, polled 430 advisers, with 56% indicating they are more likely to invest in crypto this year due to Trump’s victory on November 5.

The crypto community has expressed optimism about Trump’s potential to foster a more crypto-friendly regulatory environment.

Growing Interest in Crypto Investments

The survey revealed that 99% of advisers already exposed to crypto plan to maintain or increase their investments in 2025.

Additionally, 71% of advisers noted that their clients are independently investing in cryptocurrencies, reflecting growing demand for digital assets.

Bitwise’s Chief Investment Officer Matt Hougan emphasized the growing awareness among advisers, stating, “Advisors are awakening to crypto’s potential like never before and allocating like never before.”

Despite this enthusiasm, accessibility remains a hurdle, with only 35% of advisers able to purchase crypto within client accounts.

Bitcoin’s Record Surge and Market Volatility

Bitcoin experienced significant market activity following Trump’s election win. On January 7, Bitcoin briefly crossed the $100,000 mark before settling at $92,500 the next day.

On-chain data from CryptoQuant shows that U.S.-based entities now hold 65% more Bitcoin than offshore counterparts, signaling increased domestic interest.

Trump’s administration has proposed creating a national strategic Bitcoin reserve, which has further fueled optimism.

This announcement propelled Bitcoin’s price to a record high of $108,135 and sparked substantial activity in spot Bitcoin ETFs.

Record-Breaking Inflows for US Spot Bitcoin ETFs

Spot Bitcoin ETFs in the U.S. saw over $35 billion in inflows in 2024, far exceeding industry projections.

BlackRock’s iShares Bitcoin Trust ETF led the market with $37.31 billion in inflows, followed by Fidelity’s Wise Origin Bitcoin Fund and ARK’s 21Shares Bitcoin ETF.

Ether ETFs also saw notable inflows, with BlackRock and Fidelity leading the charge. Grayscale and Bitwise Ethereum ETFs contributed to the growing interest in Ethereum-based products.

Trump’s re-election has created a wave of optimism in the crypto market, with financial advisers and investors showing heightened interest in digital assets.

From record-breaking Bitcoin prices to unprecedented ETF inflows, the pro-crypto environment under Trump’s administration is reshaping the financial landscape.

Written by
Sazid Kabir

I've loved music and writing all my life. That's why I started this blog. In my spare time, I make music and run this blog for fellow music fans.

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