🚀 Bitcoin ETFs have outshined gold ETFs in the US for the first time, hitting a whopping $129 billion in assets under management (AUM) on Dec. 16, according to K33 Research. Meanwhile, gold ETFs lagged slightly behind at $128 billion. Who would've thought Bitcoin would be giving gold a run for its money after just 11 months? 🤔
Spot BTC ETFs, which debuted in January, have been on a meteoric rise, reflecting a brighter outlook for Bitcoin's future. BlackRock's iShares Bitcoin Trust is leading the charge, surpassing its gold counterpart.
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