Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

The Bitcoin ETF is the most successful ETF ever in the US

Source Cryptopolitan

Since Donald Trump became president-elect, almost $10 billion has flown into Bitcoin U.S. exchange-traded funds (ETFs). This surge is a sign that his support for cryptocurrency is bullish for market growth.

According to a recent report by Bloomberg, BlackRock Inc. and Fidelity Investments funds are included in the net investments of $9.9 billion in a dozen ETFs, resulting in $113 billion in total value.

The Bitcoin ETF is the most successful ETF ever in the US — Source: Bloomberg

Last week, Trump picked a known supporter of digital assets to head the U.S. Securities and Exchange Commission (SEC). He also hired the first White House official czar dealing exclusively in artificial intelligence and cryptocurrency.

Trump has also pledged to replace the current administration’s reluctant perception of digital assets with more liberal regulations. He even suggested there should be a national Bitcoin reserve. Trump, once a skeptic of crypto, came around when the industry-funded the efforts to support its agenda during the election campaign.

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Weekly Report: Gold up 4.5%, Brent down 16.4% — three commodity regimes just reset Gold rose 4.51% to $4,074.90 while Brent fell 16.42% to $98.32 in the same five sessions — two inflation hedges, opposite answers. Around them, the gold-silver ratio sits at 78.7 and copper fell 3.72%. Three regime signals, two of them close to flipping, define what commodity traders must re-price before Tuesday's CPI.

Author Irene Q.

Yesterday 03: 05

Gold rose 4.51% to $4,074.90 while Brent fell 16.42% to $98.32 in the same five sessions — two inflation hedges, opposite answers. Around them, the gold-silver ratio sits at 78.7 and copper fell 3.72%. Three regime signals, two of them close to flipping, define what commodity traders must re-price before Tuesday's CPI.

The CPI that has no year-over-year number is the one that decides December October CPI lands on Nov 10 at 13:30 GMT, and it will be published without a year-over-year figure: BLS never collected October 2025 prices during the federal shutdown. Consensus is +0.3% headline and +0.2% core month-on-month, against +0.6% and +0.3% in September. With December hike odds at 77%, the month-on-month print is now the whole story, and $4,197–4,202 on gold and 4.86% on the 10-year are the levels that price it.

Author Irene Q.

Yesterday 03: 23

October CPI lands on Nov 10 at 13:30 GMT, and it will be published without a year-over-year figure: BLS never collected October 2025 prices during the federal shutdown. Consensus is +0.3% headline and +0.2% core month-on-month, against +0.6% and +0.3% in September. With December hike odds at 77%, the month-on-month print is now the whole story, and $4,197–4,202 on gold and 4.86% on the 10-year are the levels that price it.

US October CPI Preview: Inflation Growth May Slow, How Will US Stocks, Dollar and Gold React? On Tuesday (Nov. 10) Eastern Time, the U.S. will release the October Consumer Price Index (CPI), a key inflation reading ahead of the Federal Reserve's December interest rate decision. Th

Author TradingKey

Yesterday 08: 08

On Tuesday (Nov. 10) Eastern Time, the U.S. will release the October Consumer Price Index (CPI), a key inflation reading ahead of the Federal Reserve's December interest rate decision. Th

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - November 10, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 10, 2026. Read on for the details.

Author Mitrade

13 hours ago

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for November 10, 2026. Read on for the details.

Nvidia fell 4.3% on a day the Nasdaq rose 2.7% — this is a governance discount, not an AI warning Nvidia closed at $178.67 on November 9, down 4.27% with an intraday low of $170.24, while the Nasdaq rose 2.74% and the Philadelphia Semiconductor Index jumped 6.85%. Volume was roughly 2.5 times the prior session. The board opened an independent review after CEO Jensen Huang's public statement about his personal life. With Q3 earnings on November 17, the two levels that matter are $170.24 and $200."

Author Irene Q.

11 hours ago

Nvidia closed at $178.67 on November 9, down 4.27% with an intraday low of $170.24, while the Nasdaq rose 2.74% and the Philadelphia Semiconductor Index jumped 6.85%. Volume was roughly 2.5 times the prior session. The board opened an independent review after CEO Jensen Huang's public statement about his personal life. With Q3 earnings on November 17, the two levels that matter are $170.24 and $200."

Popular Symbols