Crypto

Crypto ETP assets surge in Europe amid ‘turning point’ for digital assets

Europe’s digital assets sector has benefited from tailwinds in the aftermath of Donald Trump’s US presidential election win

Trump’s election win has sparked positive sentiment about bitcoin thanks to his crypto-friendly stance  Oleg Nikishin/Getty Images
Trump’s election win has sparked positive sentiment about bitcoin thanks to his crypto-friendly stance Oleg Nikishin/Getty Images

Crypto ETPs in Europe notched up their third-best month for net inflows this year in November, with increased investor demand and a prolonged bitcoin rally marking a “turning point” for digital assets.

Data from ETFGI shows crypto ETPs in Europe attracted new flows of £108m last month — the third-best monthly haul for the products in 2024. It marked only the fifth month of positive flows this year for crypto ETPs registered for sale across the region.

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