"Crypto assets are gaining momentum! Bitcoin-related products exceed $129 billion in assets, setting a new investment high!"
The total assets under management of Bitcoin-related products (spot, futures and leveraged ETFs) have exceeded $129 billion, setting a new record in the field of institutional investment. This scale has exceeded the $128 billion of gold ETFs, marking the continuous improvement of Bitcoin's position in institutional investment.
According to the latest data, the asset management scale (AUM) of Bitcoin ETFs has reached $129.25 billion, ahead of gold ETFs. Despite this, the assets of spot gold ETFs are still higher than those of spot Bitcoin ETFs, at $125 billion and $121 billion respectively. But this breakthrough growth reflects the growing attention of institutions to Bitcoin only 11 months after the launch of spot Bitcoin ETFs. Currently, 12 spot Bitcoin ETFs in the United States hold more than 1.1 million Bitcoins.
Bitcoin ETFs currently account for 1% of all ETFs in the United States, with BlackRock's IBIT becoming the most successful ETF product since 2014, surpassing nearly 3,000 competing products. Analysts predict that with daily inflows reaching $500 million, by 2025, spot Bitcoin ETFs are expected to completely surpass gold ETFs, consolidating Bitcoin's position as the preferred institutional investment asset.
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