Bitcoin exchange-traded funds (ETFs) in the U.S. have hit a milestone, surpassing $100 billion in net assets for the first time, according to Bloomberg Intelligence. Since the launch of spot BTC ETFs in January, investor interest has surged, especially after the crypto-friendly President-elect Donald Trump won the election on Nov. 5. BlackRock's iShares Bitcoin Trust (IBIT) leads with $30 billion in net inflows, followed by Fidelity's Wise Origin Bitcoin Fund with over $11 billion. As BTC ETFs near gold ETFs in assets, Bitcoin's price has climbed to over $96,000, marking a 120% increase in 2024.
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