eToro market analyst Josh Gilbert stated that under the Trump administration, it is easier for corporations and retirement funds to hold assets such as Bitcoin, and therefore we will continue to see funds flow into ETFs.

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