US-listed spot ETFs are on the cusp of overtaking gold ETFs, currently have an AUM of $120 billion, compared to gold’s $125 billion

A report from K33 Research reveals that US-listed bitcoin ETFs have overtaken US-listed gold ETFs in terms of assets under management (AUM), including leveraged products such as futures-based ETFs. As of Dec. 17, bitcoin ETFs reached assets under management (AUM) worth $129.25 billion, outperforming gold ETFs with $128.88 billion, according to Vetle Lunde, an analyst at K33 Research.

However, if spot products are compared exclusively, gold is still slightly ahead. According to Eric Balchunas, senior ETF analyst at Bloomberg, U.S. bitcoin spot ETFs have $120 billion in assets under management, compared with $125 billion for gold ETFs.

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