Bitcoin dethrones gold: A historic first with ETFs
In December 2024, Bitcoin ETFs surpassed Gold ETFs in assets under management in the United States, marking a turning point in investment history. While Gold ETFs have existed for over 20 years, Bitcoin ETFs, launched only in January 2024, have experienced a spectacular rise. This increase is due to regulatory approval, the enthusiasm of financial giants like BlackRock and Fidelity, and the attractiveness of Bitcoin as 'digital gold' with a limited supply of 21 million coins. This success reflects a generational shift: young investors favor modern digital assets over traditional options. With growing institutional demand and stable investment flows, Bitcoin ETFs appear well-positioned to continue dominating, redefining investor preferences worldwide.