US bitcoin and ether exchange-traded funds (ETFs) have seen a surge in inflows following Donald Trump's endorsement of cryptocurrency after his election victory on November 5.

This increase in interest highlights a growing speculative appetite for digital assets, particularly in ether, the second-largest cryptocurrency after bitcoin. Analysts note that while the current enthusiasm does not yet match the heights of the pandemic-era bubble, there is a noticeable trend where bitcoin's price movements influence the broader crypto market.

The CEO of BTC Markets Pty, Caroline Bowler, emphasized that the influx of investor capital into digital-asset exchanges suggests that market activity is still on the rise, indicating that the crypto landscape is evolving.