US exchange-traded funds (ETFs) directly investing in Bitcoin and Ether are witnessing remarkable demand. This surge is being fueled by President-elect Donald Trump's promise to liberate the crypto industry from regulatory constraints. The data compiled by Bloomberg shows that in November, the groups of Bitcoin and Ether ETFs each achieved record monthly net inflows of $6.5 billion and $1.1 billion respectively. On Friday, the daily Ether ETF subscriptions even hit an all-time peak.

Unleashing the Potential of Crypto ETFs with Trump's Pledge

Bitcoin: The Pioneer and Market Leader

Last month, Bitcoin came close to reaching $100,000 for the first time. As of 9:48 a.m. on Monday in Singapore, it was trading at $97,880. Its significant price movement has attracted a lot of attention and investor interest. Bitcoin's dominance in the crypto market has made it a key player, and its performance continues to shape the overall sentiment of the crypto space.Bitcoin's journey has not been without its challenges. The 2021 boom was followed by a painful bust that exposed fraud and risky practices. However, with the current surge in demand and the support of President-elect Trump, Bitcoin seems to be on a new trajectory. It has the potential to regain its former glory and become an even more important asset in the global financial landscape.

Ether: The Rising Star with Widening Speculative Appetite

Ether, the largest token after Bitcoin, is also experiencing a surge in interest. Since Trump's US election victory on Nov. 5, there has been a widening speculative appetite for crypto. The nine Ether ETFs achieved a net inflow of $333 million on Nov. 29, driven by BlackRock Inc.'s iShares Ethereum Trust and Fidelity Investments' Ethereum Fund. BlackRock, Fidelity, and crypto specialist Grayscale Investments LLC are the major issuers of digital-asset portfolios by fund size.Ether has outperformed Bitcoin since Trump's win but has not yet set new highs. This shows the potential for further growth in the Ether market. The rising tide is lifting all boats in the crypto space, and Ether is no exception. Its performance is closely watched by investors and analysts alike, as it represents a significant part of the crypto ecosystem.

XRP: The Token on the Rise with Expectations of Regulatory Relief

The XRP token is extending a parabolic surge, driven by expectations that Trump will undo a Securities & Exchange Commission crackdown that had weighed on the fourth-largest digital asset. Some investment firms are actively seeking to start XRP ETFs. This indicates the growing confidence in the XRP market and the potential for significant growth in the future.Trump has vowed to scrap a Biden administration digital-asset clampdown and put in place friendly regulators. This has created a favorable environment for XRP and other digital assets. The crypto market has jumped by about $1.2 trillion since Trump became president-elect, according to CoinGecko data. This rally is helping to dull the memories of the painful bust and is providing a new opportunity for investors to participate in the crypto space.In conclusion, the crypto market is experiencing a significant boom, driven by President-elect Trump's pledge to support the industry. Bitcoin, Ether, and XRP are all playing important roles in this growth, and their performances will continue to shape the future of the crypto space. Investors need to closely monitor these markets and make informed decisions based on their risk tolerance and investment goals.