Bitcoin has risen again due to the influence of Donald Trump.

In the U.S., spot Bitcoin exchange-traded funds are gaining significant attention as Donald Trump is on the verge of taking office, with Bitcoin surpassing $100,000. Investors are flocking to the funds, expecting Bitcoin's value to continue rising amid positive regulatory outlooks. Trump's support for cryptocurrencies and the performance of investment funds are further reinforcing the market's upward trend.

As Bitcoin Rises, Bitcoin ETFs Continue to Be a Favorite Among Investors

Bitcoin spot ETFs are experiencing intense interest from investors as the Trump era approaches. According to data released by SoSoValue, 12 different spot Bitcoin ETFs have continued their rise for the second consecutive day, managing to attract $626.15 million in new investments. Thus, the total investment amount has reached $1.3 billion.

The fund that attracted the most interest from investors was BlackRock's IBIT fund, with an inflow of $527.87 million. IBIT currently holds $56.22 billion in Bitcoin assets, representing 2.64% of the total Bitcoin supply. The ARKB fund, managed in partnership with ARK and 21Shares, managed to attract $155.44 million in investments.

Among other funds, VanEck's HODL recorded an inflow of $5.68 million, Fidelity's FBTC saw $4.39 million, and Bitwise's BITB had an inflow of $2.74 million. Grayscale's GBTC fund, however, experienced an outflow of $69.97 million, remaining outside the general trend. No significant changes were observed in the remaining six Bitcoin ETFs. The total trading volume of the ETFs was $2.74 billion on January 16, which was below the previous trading day's volume of $3.18 billion.

The price of Bitcoin briefly tested the $102,000 level on January 17. The expectation of a positive approach from the Trump administration towards the cryptocurrency sector supported the optimistic atmosphere in the market. Trump's announcement that he would make cryptocurrencies a national priority and plans to develop a state-backed Bitcoin strategy similar to gold and oil has increased investor interest. In recent trades, Bitcoin is hovering around $101,408, with a 2% increase.