Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle.
As reported by The Block, Bitcoin’s ascent to becoming the second-largest ETF commodity in the U.S. marks a significant milestone for the Bitcoin market. This achievement is attributed to the increasing demand from institutional and retail investors seeking exposure to BTC.
Silver, which has ~$11.5 billion in AUM across five silver ETFs, was passed by spot Bitcoin ETFs which now hold over $28 billion, less than a week after going live.
„Bitcoin ETFs have exceeded silver ETFs in the U.S. in terms of size, driven by the substantial market interest they have received,” Bitfinex Head of Derivatives Jag Kooner told The Block. „The level of trading reflects the pent-up demand for these prod
We współpracy z: https://bitcoinmagazine.com/markets/bitcoin-surpasses-silver-to-become-second-largest-etf-commodity-in-the-us
