A dozen US Bitcoin exchange-traded funds (ETFs) are on track to achieve a record monthly net inflow due to the increasing value of the digital asset, which is approaching $100,000. This surge in inflows is a result of President-elect Donald Trump's positive stance on cryptocurrency, which has boosted investor sentiment.

According to Bloomberg data, these ETFs, including offerings from major financial institutions like BlackRock Inc. and Fidelity Investments, have attracted $6.2 billion in inflows in November. This surpasses the previous record of $6 billion set in February, indicating heightened investor enthusiasm following the launch of these products earlier this year.

This surge in inflows is a result of President-elect Donald Trump's positive stance on cryptocurrency, which has boosted investor sentiment. According to Bloomberg data, these ETFs, including offerings from major financial institutions like BlackRock Inc. and Fidelity Investments, have attracted $6.2 billion in inflows in November. This surpasses the previous record of $6 billion set in February, indicating heightened investor enthusiasm following the launch of these products earlier this year.