[Analysis: Multiple Positive Factors Are Expected In November, And The Bitcoin ETF May Soon Purchase Its One Millionth Bitcoin] According To Cointelegraph Analysis, The US Spot Bitcoin ETF Is Expected To Purchase Its One Millionth Bitcoin As Early As This Week As Traders Are Preparing For Possible Positive Factors For Cryptocurrencies In November. These Positive Factors Include The US Election, Possible Interest Rate Cuts By The Federal Reserve, And Russia's Lifting Of The Ban On Bitcoin Mining-all Of Which Occurred In November. According To Apollo And SoSoValue Data, US Spot Bitcoin ETF Issuers Currently Hold 976,893 Bitcoins, Worth More Than $66.2 Billion, Accounting For Almost 5% Of Bitcoin's $1.34 Trillion Market Value. The Spot Bitcoin ETF Needs To Receive $1.55 Billion In Net Inflows (that Is, Purchase An Additional 23,107 Bitcoins) To Reach This Milestone. To Achieve This Goal This Week, It Will Need To Absorb An Average Of $301 Million In Net Inflows Per Day. Furthermore, However, Henrik Andersson, Chief Investment Officer At Apollo Capital, Believes That The “biggest Determining Factor” In Whether Crypto Markets Rise Is A Trump Victory: “If He Does Win, We Think The Momentum In Risk Assets Could Push Bitcoin To $100,000 By The End Of The Year.”