đ Crypto ETFs are on fire! U.S. exchange-traded funds (ETFs) hit a whopping $10 trillion in assets, thanks to a $20 billion crypto ETF boost in 2024. Investors have funneled $691 billion into ETFs this year, with crypto ETFs grabbing nearly 3% of that pie.
- BlackRockâs iShares Bitcoin Trust (IBIT) leads with $21B inflows.
- Fidelityâs Bitcoin ETF (FBTC) follows with $10B.
- iShares Ethereum Trust ETF (ETHE) shines with $1B gains.
Even leveraged MicroStrategy ETFs hit $400M! With SEC greenlighting options on spot BTC ETFs, the future looks bright. đ
Source: Bloomberg
