*Bitcoin ETFs*

Bitcoin ETFs have a total asset management scale of nearly $54 billion ¹. The approval of spot bitcoin ETFs, analysts at Standard Chartered anticipate fund inflows in the range of $50 billion to $100 billion in 2024 ². Here are some key points:

- *Bitcoin ETFs are trading*: Now that bitcoin ETFs are trading across U.S. public markets, many large money managers that have been effectively locked out of crypto finally have a way to access the primary digital currency ².

- *Bitcoin's DeFi ecosystem*: Currently, the total value of tokens locked in the Bitcoin DeFi market is about $1.1 billion, compared to $52.7 billion for Ethereum, according to data tracker DeFi Llama ³.

- *Bitcoin's market capitalization*: Bitcoin's market capitalization stands at $1.320 trillion, and its dominance over the altcoins is at 51.7% on CG ⁴.