Web3 advocates and investors have high hopes for what a Trump administration might bring and they’re plowing record amounts of money into these assets.

On Nov. 7, investors put $1.4 billion into Bitcoin ETFs followed by another $1.1 billion on Nov. 11.

Interestingly, Biden’s election win in 2020 also precipitated a rally in Bitcoin, with the price soaring 149% from Nov. 5, 2020, until inauguration day the following January.