Home
/ Insights
Crypto Newsfeed
Master
reply

Bitcoin ETFs surpass gold with over 129 billion USD in assets

Bitcoin ETFs exceed gold in AUM: As of December 16, 2024, Bitcoin exchange-traded funds surpassed gold ETFs, accumulating over 129 billion USD compared to gold’s 128 billion USD. This milestone reflects growing institutional investments and market acceptance of Bitcoin as a valuable asset.

Impact of BlackRock’s ETF: BlackRock’s iShares Bitcoin Trust contributes nearly 60 billion USD to Bitcoin’s AUM, marking a pivotal development. Analysts emphasize Bitcoin’s increasing appeal as investors seek assets that hedge against inflation and economic instability.

This is community-generated content, not advice from ONUS.
1
heart
reply
share
 
send
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research