🚀 Crypto News: Total US ETF assets surpass $10 trillion for the first time! 💰
- 2024: Crypto ETF inflows exceed $20 billion, accounting for nearly 3% of total ETF inflows.
- Blackrock’s iShares Bitcoin Trust (IBIT) leads with $21 billion, followed by Fidelity Wise Origin Bitcoin ETF (FBTC) with $10 billion.
- iShares Ethereum Trust ETF (ETHE) also records over $1 billion in net gains.
- Grayscale Bitcoin Trust ETF (GBTC) records nearly $20 billion in outflows due to high management fees.
- Derivatives ETFs account for 80% of new issuances in 2024.
- Vanguard accounts for about a third of ETF inflows this year.
- SEC approves Nasdaq to list options on IBIT, paving the way for broader institutional adoption.
What do you think about the future of BTC? Comment below! ⬇️